<TABLE> <S> <C>

<ARTICLE>5
<LEGEND>
This  schedule  contains  summary  financial  information  extracted  from   the
financial statements for  Secured  Investment  Resources  Fund,  L.P. III and is
qualified in its entirety by reference to such financial statements.</LEGEND>
<CIK> 0000839638
<NAME> Secured Investment Resources Fund, L.P. III
<MULTIPLIER>1
<PERIOD-TYPE>                                   12-MOS
<FISCAL-YEAR-END>                                         DEC-31-1999
<PERIOD-START>                                            JAN-01-1999
<PERIOD-END>                                              DEC-31-1999
<CASH>                                                                  358,000
<SECURITIES>                                                                  0
<RECEIVABLES>                                                            42,000
<ALLOWANCES>                                                            (42,000)
<INVENTORY>                                                                   0
<CURRENT-ASSETS>                                                              0
<PP&E>                                                               11,258,000
<DEPRECIATION>                                                        4,373,000
<TOTAL-ASSETS>                                                        7,487,000
<CURRENT-LIABILITIES>                                                         0
<BONDS>                                                               7,895,000
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
<COMMON>                                                                      0
<OTHER-SE>                                                                    0
<TOTAL-LIABILITY-AND-EQUITY>                                          7,487,000
<SALES>                                                                       0
<TOTAL-REVENUES>                                                      1,982,000
<CGS>                                                                         0
<TOTAL-COSTS>                                                         1,403,000
<OTHER-EXPENSES>                                                              0
<LOSS-PROVISION>                                                              0
<INTEREST-EXPENSE>                                                      713,000
<INCOME-PRETAX>                                                               0
<INCOME-TAX>                                                                  0
<INCOME-CONTINUING>                                                           0
<DISCONTINUED>                                                                0
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                           (134,000)
<EPS-BASIC>                                                            (13.69)
<EPS-DILUTED>                                                                 0

<PAGE>




</TABLE>