Investor Profile - TX
Richard Coats
Richard Coats is a real estate investor and operator based in Midland-Odessa, TX. Public filings show activity across 11 properties held through 8 holding companies. Recent mortgage relationships include JOHN CALVIN, JAMES KENNTH, and Central Texas Farm Credit.
Richard's Activity
As of June 2026, public records show approximately $26.7M in recorded mortgage exposure linked to this investor across at least 4 mortgage filings and 11 properties held through 8 holding companies. Activity appears concentrated in residential and office assets recorded between 2016 and 2025.
Associated People
Primary Geography
Midland-Odessa, TX
ZIP codes: 79701, 75155, 75169, 78261, and 78703
Most activity in MIDLAND, SAN ANTONIO, ROPESVILLE, RICE, and AMARILLO.
Property Type Breakdown
Associated Entities (8)
TX · 1 property · 2 mortgages
TX · 0 properties · 2 mortgages
+6 more entities not shown
Mortgages (4)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/19/2022 | $730k | Closed | Central Texas Farm Credit | OWL EXPLORATION LLC | - |
| 07/09/2021 | $658k | Closed | CENTRAL TEXAS LAND BANK FLCA | OWL EXPLORATION LLC | - |
+2 more not shown
Owned Properties (11)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1617 W FLORIDA AVE, MIDLAND, TX 79701 | COATS HOLDINGS LP | Owns - 18 mos | $0 |
| S HWY 87, BIG SPRING, TX 79720 | OWL EXPLORATION LLC | Owns - 5.0 yrs | $0 |
+9 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, office, and vacant properties across Midland-Odessa, TX.
What companies is Richard Coats associated with?
Richard Coats is associated with 8 entities based on extracted signatures from public records. Key entities include OWL EXPLORATION LLC, PERMIAN FRAC SAND LLC, FRANCES W COATS TAX FREE TRUST, 1617 FLORIDA LLC, and SHALLOW VALLEY LAND LLC.
How many properties are associated with this investor?
At least 11 properties are associated with Richard Coats and the entities they control, based on signatures extracted from recorded documents connecting Richard Coats to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references JOHN CALVIN, JAMES KENNTH, and Central Texas Farm Credit, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2025, with the most recent mortgage recorded in 2022.
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.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Elementix may suppress certain contact indicators where legally required or where appropriate for safety or privacy reasons. Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law. General objections or unsupported demands do not create a removal obligation.