Investor Profile - TX
Frank Shumate
Frank Shumate is a real estate investor and operator based in Corpus Christi, TX. Public filings show activity across 50 properties held through 11 holding companies. Recent mortgage relationships include Spirit of Texas Bank, Karnes County National Bank, and GILLESPIE PARTNERS.
Frank's Activity
As of June 2026, public records show approximately $57.1M in recorded mortgage exposure linked to this investor across at least 45 mortgage filings and 50 properties held through 11 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2017 and 2026.
Associated People
Primary Geography
Corpus Christi, TX
ZIP codes: 78410, 78121, 77586, 78124, and 78336
Most activity in CORPUS CHRISTI, LA VERNIA, PORTLAND, MARION, and ARANSAS PASS.
Property Type Breakdown
Associated Entities (11)
TX · 0 properties · 22 mortgages
TX · 4 properties · 9 mortgages
+9 more entities not shown
Mortgages (45)
Top Lenders
$45.5M · 2 loans
$3.2M · 10 loans
$2.6M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 11/04/2025 | $2.6M | Open | GILLESPIE PARTNERS | FTS RANCHES LLC | - |
| 04/08/2025 | $300k | Open | PENTHOUSE LENDING | FTS RANCH LLC | - |
+43 more not shown
Owned Properties (50)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 104 BUTTERMILK CIR, FLORESVILLE, TX 78114 | WFO HOMES LLC | Owns - 2.4 yrs | $931k |
| 181 MAGNOLIA CIR, LA VERNIA, TX 78121 | WFO LLC | Owns - 3.3 yrs | $0 |
+48 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, vacant, and commercial properties across Corpus Christi, TX.
What companies is Frank Shumate associated with?
Frank Shumate is associated with 11 entities based on extracted signatures from public records. Key entities include TEXAS COAST BUILDERS LLC, WFO LLC, CINCH ENERGY SERVICES LLC, FTSJR HOLDINGS LLC, and FTS RANCHES LLC.
How many properties are associated with this investor?
At least 50 properties are associated with Frank Shumate and the entities they control, based on signatures extracted from recorded documents connecting Frank Shumate to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Spirit of Texas Bank, Karnes County National Bank, and GILLESPIE PARTNERS, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 through 2026, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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