<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from CSA Income
Fund Limited Partnership III's Statement of Financial Position as of
September 30, 1999 and Statement of Operations for the nine months then
ended and is qualified in its entirely by reference to such financial
statements.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                               0
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                       0
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                         0
<SALES>                                              0
<TOTAL-REVENUES>                             2,171,186
<CGS>                                                0
<TOTAL-COSTS>                                2,494,415
<OTHER-EXPENSES>                               106,812
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              44,065
<INCOME-PRETAX>                              (474,106)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (474,106)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (474,106)
<EPS-BASIC>                                      (.99)
<EPS-DILUTED>                                    (.99)
<FN>
<F1>The registrant maintains an unclassified Statement of Financial Position.
</FN>