<ARTICLE> 5 <CIK> 0001018739 <NAME> PECAN GROVE GOLF CLUB, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 10,225 <SECURITIES> 0 <RECEIVABLES> 274,112 <ALLOWANCES> 28,788 <INVENTORY> 77,915 <CURRENT-ASSETS> 312,714 <PP&E> 9,299,370 <DEPRECIATION> 1,082,355 <TOTAL-ASSETS> 8,559,544 <CURRENT-LIABILITIES> 361,588 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 2,884,990 <TOTAL-LIABILITY-AND-EQUITY> 8,559,544 <SALES> 251,284 <TOTAL-REVENUES> 859,118 <CGS> 106,393 <TOTAL-COSTS> 808,293 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 5,068 <INTEREST-EXPENSE> 4,072 <INCOME-PRETAX> 46,753 <INCOME-TAX> 0 <INCOME-CONTINUING> 46,753 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 46,753 <EPS-PRIMARY> 0 <EPS-DILUTED> 0