Everything is bigger in Texas … even the foreclosures.

The Dallas Morning News reports today that the Four Seasons Resort and Club Dallas at Las Colinas (Four Seasons) — a 400-acre hotel, spa and golf club — is possibly headed to a public foreclosure auction on Feb. 2, 2010, if a $183 million loan on the property is not brought current and/or repaid.

It’s the largest foreclosure in the “Lone Star State” in more than two decades, according to George Roddy:

“I don’t think we’ve seen one this large in the business cycle. That’s a very big complex.”

The good news is that resort ownership was expecting the notice as it negotiates a debt restructure deal with the lender. And it is confident that a deal will be struck soon that resolves “the challenges of the current situation.”

Regardless of the outcome, the 2010 HP Byron Nelson Championship will go on as planned from May 17-23, 2010, giving 2009 winner Rory Sabbatini the opportunity to secure back-to-back titles.

Four Seasons has been the home of the annual Byron Nelson Championship since 1994.