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    <Timestamp>2011-08-15T16:51:05-07:00</Timestamp>
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        <State>TX</State>
        <ZIPCode>76028</ZIPCode>
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        <State>TX</State>
        <ZIPCode>76028</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>HAROLD BOOTH</Name>
      <Title>VP</Title>
      <Phone>8172952202</Phone>
      <DateSigned>2011-08-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>NANCY BURT</Name>
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      <DatePrepared>2011-08-15</DatePrepared>
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          <PersonName>HAROLD RAY BOOTH</PersonName>
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            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>VP/SEC/DIR</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JEFFREY SCOTT RASCO</PersonName>
          <USAddress>
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            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>PRES/TREAS/DIR</Title>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>F STEVEN MCCLURE LAW ATTY</PersonName>
          <USAddress>
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            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DOROTHY CARROLL</PersonName>
          <USAddress>
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            <State>TX</State>
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          </USAddress>
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        </OfcrDirTrusteesOrKeyEmployee>
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        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
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        <Description2>LONGHORN COUNCIL BOY SCOUTS OF AMERICA</Description2>
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        <Description4>ST PAULS CME CHURCH</Description4>
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            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>8172952202</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>GENERAL CONTACT INFORMATION, DESCRIPTION OF NEED &amp; BENEFIT TO COMMUNITY</FormAndInfoAndMaterials>
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            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
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        <Category>R&amp;R PC ACCOUNTING &amp; TAX</Category>
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    </AccountingFeesSchedule>
    <CashDeemedCharitableExplnStmt documentId="00000005">
      <Explanation>REASONABLE CASH BALANCE NECESSARY TO COVER CURRENT ADMIN</Explanation>
    </CashDeemedCharitableExplnStmt>
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        <CostOrOtherBasis>75070</CostOrOtherBasis>
        <PriorYearsDepreciation>1160</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
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      <Depreciation>
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      <Depreciation>
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      <Depreciation>
        <DescriptionOfProperty>114 S MAIN</DescriptionOfProperty>
        <DateAcquired>2007-12-15</DateAcquired>
        <CostOrOtherBasis>80587</CostOrOtherBasis>
        <PriorYearsDepreciation>3304</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>1618</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON FLOORING</DescriptionOfProperty>
        <DateAcquired>2008-07-23</DateAcquired>
        <CostOrOtherBasis>25501</CostOrOtherBasis>
        <PriorYearsDepreciation>2550</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>15.00</Life>
        <CurrentYearExpense>1700</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON IMPRVMT</DescriptionOfProperty>
        <DateAcquired>2008-07-23</DateAcquired>
        <CostOrOtherBasis>25501</CostOrOtherBasis>
        <PriorYearsDepreciation>954</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>654</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>114 S MAIN AC HEAT SYSTEM</DescriptionOfProperty>
        <DateAcquired>2009-12-15</DateAcquired>
        <CostOrOtherBasis>8000</CostOrOtherBasis>
        <PriorYearsDepreciation>143</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>7.00</Life>
        <CurrentYearExpense>1143</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>122 W ELLISON AWNINGS</DescriptionOfProperty>
        <DateAcquired>2010-11-22</DateAcquired>
        <CostOrOtherBasis>5977</CostOrOtherBasis>
        <ComputationMethod>SL</ComputationMethod>
        <Life>7.00</Life>
        <CurrentYearExpense>107</CurrentYearExpense>
      </Depreciation>
    </DepreciationSchedule>
    <InvestmentsOtherSchedule2 documentId="00000007">
      <InvestmentsOther>
        <CategoryOrItem>CDARS INVESTMENTS</CategoryOrItem>
        <BookValue>550341</BookValue>
        <EOYFMV>550341</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="00000008">
      <OtherExpenses>
        <Description>RENTAL PROPERTY INSURANCE</Description>
        <RevenueAndExpensesPerBooks>9773</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>9773</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY MANAGEMENT</Description>
        <RevenueAndExpensesPerBooks>8485</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>8485</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY REPAIR &amp; MAINTENANCE</Description>
        <RevenueAndExpensesPerBooks>32111</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>32111</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY UTILITIES</Description>
        <RevenueAndExpensesPerBooks>6436</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>6436</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADVERTISING</Description>
        <RevenueAndExpensesPerBooks>102</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>102</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <ReductionExplanationStatement documentId="00000009">
      <Explanation>REAL ESTATE VALUE IN DECLINE</Explanation>
    </ReductionExplanationStatement>
    <TaxesSchedule documentId="00000010">
      <Taxes>
        <Category>RENTAL PROPERTY REAL ESTATE TAXES</Category>
        <Amount>30059</Amount>
        <DisbursementsCharitablePrps>30059</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>ACCRUED EXISE TAX</Category>
        <Amount>1007</Amount>
        <DisbursementsCharitablePrps>1007</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>