<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from CSA Income
Fund Limited Partnership III's Statement of Financial Position as of June 30,
1997 and Statement of Operations for the six months then ended and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         428,569
<SECURITIES>                                         0
<RECEIVABLES>                                  375,326
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                      36,234,984
<DEPRECIATION>                              11,284,638
<TOTAL-ASSETS>                              25,754,241
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   8,367,129
<TOTAL-LIABILITY-AND-EQUITY>                25,754,241
<SALES>                                              0
<TOTAL-REVENUES>                             5,536,081
<CGS>                                        4,513,960
<TOTAL-COSTS>                                5,188,459
<OTHER-EXPENSES>                                93,609
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             580,890
<INCOME-PRETAX>                                347,622
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            347,622
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   347,622
<EPS-PRIMARY>                                      .27
<EPS-DILUTED>                                      .27
<FN>
<F1>The Registrant maintains an unclassified Statement of Financial Position.
</FN>