<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
     CONSOLIDATED BALANCE SHEETS AND THE CONSOLIDATED STATEMENTS OF OPERATIONS
     OF ALTEX INDUSTRIES, INC. FOR THE QUARTER ENDED 12/31/00, AND IS QUALIFIED
     IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                                             
<PERIOD-TYPE>                                   3-MOS
<FISCAL-YEAR-END>                               SEP-30-2001
<PERIOD-END>                                    DEC-31-2000
<CASH>                                          2,727,000
<SECURITIES>                                    0
<RECEIVABLES>                                   131,000
<ALLOWANCES>                                    0
<INVENTORY>                                     0
<CURRENT-ASSETS>                                2,407,000
<PP&E>                                          1,161,000
<DEPRECIATION>                                  1,076,000
<TOTAL-ASSETS>                                  2,521,000
<CURRENT-LIABILITIES>                           76,000
<BONDS>                                         0
<PREFERRED-MANDATORY>                           0
<PREFERRED>                                     0
<COMMON>                                        156,000
<OTHER-SE>                                      2,289,000
<TOTAL-LIABILITY-AND-EQUITY>                    2,521,000
<SALES>                                         233,000
<TOTAL-REVENUES>                                757,000
<CGS>                                           0
<TOTAL-COSTS>                                   194,000
<OTHER-EXPENSES>                                0
<LOSS-PROVISION>                                0
<INTEREST-EXPENSE>                              0
<INCOME-PRETAX>                                 563,000
<INCOME-TAX>                                    0
<INCOME-CONTINUING>                             563,000
<DISCONTINUED>                                  0
<EXTRAORDINARY>                                 0
<CHANGES>                                       0
<NET-INCOME>                                    563,000
<EPS-BASIC>                                     0.04
<EPS-DILUTED>                                   0.04