SECURITIES AND EXCHANGE COMMISSION

                       Washington, DC 20549
                       ____________________

                              FORM 10-Q
                                  
             Quarterly Report Under Section 13 or 15(d)
               of the Securities Exchange Act of 1934
               ---------------------------------------

     For Quarter Ended March 31, 1997   Commission file number 2-90654

                       AMRECORP REALTY FUND II

       (Exact name of registrant as specified in its charter)

           TEXAS                              75-1956009
           -----                              ----------
     (State or other jurisdiction of          (IRS Employer
      incorporation or organization            Identification Number)

                    6210 Campbell Road Suite 140
                         Dallas, Texas  75248

              (Address of principal executive offices)


Registrant's telephone number, including area code:  (972) 380-8000.
                                                     ---------------

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.

                         Yes:  Y        No:
                             -----         -----

                 REGISTRANT IS A LIMITED PARTNERSHIP
<PAGE>


                            TABLE OF CONTENTS
                                  
                                  
                                  

Item 1.  Financial Statements
------

The following Unaudited financial statements are filed herewith:

          Consolidated Balance Sheet as of March 31, 1997 and
          December 31, 1996                                            Page 3

          Consolidated Statements of Operations for the Three
          Months Ended March 31, 1997and 1996                          Page 4

          Consolidated Statements of Cash Flows for the Three Months
          Ended March 31, 1997and 1996                                 Page  5

         Notes to Consolidated Financial Statement                     Page  6

Item 2.  Results of Operations and Management's Discussion and
------
         Analysis of Financial Condition                               Page 7

         Liquidity and Capital Resources                               Page 8

         Other Information                                             Page 9

         Signatures                                                    Page 10

The statements, insofar as they relate to the period subsequent to
December 31, 1996 are Unaudited.
<PAGE>

PART 1.   FINANCIAL INFORMATION

     Item 1.     Financial Statements
     --------------------------------

                       AMRECORP REALTY FUND II
                Condensed Consolidated Balance Sheets
                            March 31,          December 31,
                            1997               1996
                            ----               ----
                            (Unaudited)

ASSETS

Real Estate assets, at cost                  $580,045               $580,045
Land                                        4,547,323              4,547,323
Buildings and improvements                  5,127,368              5,127,368
Less: Accumulated depreciation             (2,397,376)            (2,350,376)
Real estate, net                            2,729,992              2,776,992
Investments in Real Estate Held for Sale                           2,862,244
Cash including cash investments             1,837,547                362,135
Escrow deposits                               136,851                166,070
Deferred Costs and Fees                        54,168                 86,057
Other assets                                   11,756                 17,866
Accounts Receivable                        ----------             ----------
    Total assets                           $4,770,314             $6,271,364
                                           ==========             ===========

LIABILITIES AND PARTNERS' EQUITY:

LIABILITIES:
Mortgage and notes payable                 $2,417,493             $5,054,073
Payable to Affiliates                           8,326                  6,854
Interest payable                                    0                 35,827
Real estate taxes payable                      17,400                      0
Security deposits                              16,552                 40,002
Accounts payable and accrued expenses          42,706                103,019
                                           ----------             ----------
Total liabilities                           2,502,477              5,239,775
PARTNERS CAPITAL (DEFICIT):                 ---------              ---------
Limited Partners                            2,358,040              1,134,154
General Partners                             (90,203)              (102,565)
                                            ---------              ---------
Total Partners Capital (Deficit)            2,267,837              1,031,589
                                            ---------              ----------
Total Liability and Partners Equity        $4,770,314             $6,271,364
                                           ==========             ===========


             See notes to Condensed Consolidated Financial Statements
<PAGE>
                                  
                                  
                       AMRECORP REALTY FUND II
           Condensed Consolidated Statement of Operations
                             (Unaudited)


                           Three Months Ended
                                March 31,
                           ------------------
REVENUES                    1997       1996
                            ----       ----

       Rental income                              $231,941          $416,393
       Other property                                7,133             6,325
                                                  --------          --------
              Total revenues                       239,074           422,718

EXPENSES
       Salaries & wages                             29,853            37,726
       Maintenance & repairs                        34,349            41,341
       Utilities                                    15,401            22,103
       Real estate taxes                            21,186            36,000
       General administrative                       17,407            19,439
       Contract services                            12,807            20,457
       Insurance                                     5,169             9,022
       Interest                                     99,253           148,600
       Depreciation and amortization                47,000           110,000
       Property management fees                     11,632            21,053
       Amortization of deferred costs and fees       2,291             3,952
                                                    -------           ------
       Total expenses                               296,348          469,693
                                                    -------          -------
NET INCOME BEFORE EXTRAORDINARY ITEM               ($57,274)         (46,975)

       GAIN ON SALE OF PROPERTY                   1,293,522                0
                                                 -----------        --------
NET INCOME (LOSS)                                $1,236,248        ($46,975)
                                                 ==========        =========

NET INCOME PER SHARE                             $    85.00       $   (3.23)
                                                 ==========       ==========

             See Notes to Condensed Consolidated Financial Statements
<PAGE>

                               
                       AMRECORP REALTY FUND II
                                  
           Condensed Consolidated Statement of Cash Flows


                                                      Three Months Ended


                                                      Three Months Ended
                                                          March 31,
                                                      ------------------
                                                       1997         1996
                                                       ----         ----
CASH FLOWS FROM OPERATING ACTIVITY
Net income (loss)                                      $1,236,248   ($46,975)
Adjustments to reconcile net income (loss) to net cash
provided by operating activities:
Depreciation and amortization                              47,000     110,000
Gain on Sale of Asset                                  (1,293,522)          0
Net Effect of changes in operating accounts
Escrow deposits                                            29,219    (45,588)
Deferred Costs                                             31,889       3,452
Accrued real estate taxes                                  17,400      97,695
Security deposits                                        (23,450)       1,526
Accounts payable                                         (60,313)    (34,770)
Other assets                                                6,110       7,443
Accounts Receivable                                             0           0
                                                      -----------   ---------
        Net cash used by operating activities             (9,419)      92,783
                                                      -----------   ---------
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from Sale of Asset                             4,155,766           0
                                                       ----------   ---------
    Net cash used by operating activities               4,155,766           0
                                                       ----------   ---------
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of mortgage notes payable                   (2,636,580)    (19,255)
Proceeds from refinancing
Proceeds from amounts due affiliates                        1,472       2,115
Increase in accrued interest                             (35,827)     (9,720)
                                                      -----------    --------
       Net cash provided by investing activities      (2,670,935)    (26,860)
                                                      -----------    --------
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS    1,475,412      65,923
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD            362,135     254,189
                                                      -----------    --------
CASH AND CASH EQUIVALENT, END OF PERIOD                $1,837,547    $320,112
                                                       ==========    ========
                                  
      See Notes to Condensed Consolidated Financial Statements
<PAGE>
                                
Basis of Presentation:

     Certain information and footnote disclosures normally included
in financial statements prepared in accordance with generally
accepted accounting principles have been condensed or omitted
pursuant to such rules and regulations, although the Partnership
believes that the disclosures are adequate to make the information
presented not misleading.  It is suggested that these condensed
financial statements be read in conjunction with the financial
statements and notes thereto included in the Partnership's latest
annual report on Form 10-K.
                                  
Item 2. RESULTS OF OPERATIONS AND MANAGEMENT'S DISCUSSION AND
----------------------------------------------------------------
ANALYSIS OF FINANCIAL CONDITION
-------------------------------

Results of Operations

At March 31, 1997 the Partnership owned one property.  The Shorewood
Apartments consisting of 124,194 net rentable square feet and
located in Mecklenburg County, North Carolina was sold in January,
1997.  The Chimney Square Apartment community aggregate
approximately 126,554 net rentable square feet. The Shopping Center,
Lancaster Place consists of approximately 53,860 net rentable square
feet. was sold in 1996.

FIRST QUARTER 1997 COMPARED TO FIRST QUARTER 1996
-------------------------------------------------
Revenue from property operations decreased $183,644 or 43.44%, for
the first quarter of 1997, as compared to the 1996 first quarter.
The decrease in other income of $184,644 or 44.30% is primarily due
the sale of the shopping center located in Lancaster Texas and
Shorewood Apartments, an apartment complex located in Charlotte,
North Carolina.   The following table illustrates the components:


                          Increase
                          (Decrease)

Rental income              (184,452)
Other property                  808
                           ---------
Net Increase (Decrease)    (183,644)
                           =========
 Property operating expenses decreased $171,684 or 36.55%, for the first
 quarter of 1997, as compared to the same period in 1996, primarily due to
 the sale of the shopping center located in Lancaster Texas and Shorewood
 Apartments, an apartment complex located in Charlotte, North Carolina.
 The following table illustrates the components by category:

                                    Increase
                                    (Decrease)
                                    ----------

Salaries & wages                       (7,873)
Maintenance & repairs                  (6,992)
Utilities                              (6,702)
Real estate taxes                     (14,814)
General administrative                 (2,032)
Contract services                      (7,650)
Insurance                              (3,853)
Interest                              (49,347)
Depreciation and amortization         (63,000)
Property management fees               (9,421)
                                     --------
Net Increase (Decrease)              (171,684)
                                     ========
<PAGE>

LIQUIDITY AND CAPITAL RESOURCES

While it is the General Partners primary intention to operate and manage
the existing real estate investments, the General Partner also continually
evaluates this investment in light of current economic conditions and trends
to determine if these assets should be considered for disposal.  Accordingly,
in 1996 the Partnership
sold its investment in the shopping center located in Lancaster Texas,
recognizing a loss of $10,177.  Shorewood Apartments, an apartment complex
located in Charlotte, North Carolina was sold in January 1997.  Net proceeds
from the sale was 1.3 million dollars. The Partnership plans to actively
market Chimney Square Apartments in 1997.

As of March 31, 1997, the Partnership had $1,837,547 in cash and cash
equivalents as compared to $362,135 as of December 31, 1996. The net
increase in cash of $1,475,412 is principally due to funds from the sale
of Lancaster shopping center and Shorewood Apartments.

The properties are encumbered by non-recourse mortgages as of March 31, 1997,
with interest rates ranging from 7.75% to 11%.  Required principal payments
on these mortgage notes for the five years ended December 31, 2001, are
$75,828, $82,422, $86,639 and $2,464,463 respectively.

For the foreseeable future, the Partnership anticipates that mortgage
principal payments (excluding balloon mortgage payments), improvements and
capital expenditures will be funded by net cash from operations.  The primary
source of capital to fund future
Partnership acquisitions and balloon mortgage payments will be proceeds from
the sale, financing or refinancing of the properties.

On February 7, 1995 the Partnership refinanced the loan on Chimney Square
Apartments. The original loan matured and a new $2,475,000 loan bearing
interest at 9.325% per year was secured from Newport Mortgage Company L.P.
The loan matures on March 1, 2005. In connection with this loan, the lender
required, and the Partnership provided, a new single asset partnership known
as Chimney Square Apartments, owned 99% by the Fund.
     
In May 2, 1994 the Partnership refinanced the loan on Shorewood Apartments.
A new $2,725,000 loan bearing interest at 7.75% per year replaced the
original loan bearing interest at 11.75%. The new loan with John Hancock
Mutual Life Insurance Company matures on September 1, 2001.
     
During 1991, the Partnership defaulted on its required mortgage note payments
on the Lancaster Place Shopping Center mortgage note. The
Partnership entered into an agreement with the note holder (Transamerica) to
pay net operating income until the note matured in 1993. In November 1993 the
general partner negotiated the purchase
of the mortgage note from Transamerica Life Insurance Company. The
Partnership had no ability to purchase the note  and the consequence
would have been the foreclosure of the property. The general partner modified
the note after his purchase of it to enable the partnership
to retain ownership of the Lancaster Place Shopping Center.  Effective
November, 1993 the modified note calls for monthly payments of interest only
from available cash flow from the property until maturity,
September 30, 1998. During 1993, the Partnership
recorded an impairment amount of $150,607.
<PAGE>
     
In February, 1991, Amrecorp Realty Inc., resigned as the Managing General
Partner of the Partnership. As was communicated to all limited partners, this
step was taken in order to minimize any
effect that Amrecorp's financial difficulties might have on the partnership.
Management of the Partnership's assets is performed by Univesco, Inc., a
Texas corporation, Robert J. Werra, President.

  Management intends to continue operating the Partnership in its present
form while investigating options to improve operations of the Partnership
and to refinance and modify the existing
indebtedness. However, there is no assurance management will be successful
in its efforts, in which case the partnership's assets could be foreclosed
upon and the Partnership would cease to be a  going concern.
<PAGE>

                         Part II

                    Other Information


Item 1.                   Legal Proceedings
                          See Part I Item 2. Management's Discussion and
                          Analysis of Financial Conditions and Results of
                          Operations.


Item 2.                  Changes in Securities.
                         None

Item 3.                  Defaults upon Senior Securities
                         None

Item 4.                  Submission of Matter to a Vote of Security
                         Holders.
                         None

Item 5.                  Other Information.
                         None

Item 6.                  Exhibits and Reports on Form 8-K.

                        (A)  The following documents are filed herewith or
                        incorporated herein by reference as indicated as
                        Exhibits:



Exhibit Designation                     Document Description

                                  Limited Partnership Agreement
                                  incorporated by reference to
                                  Registration Statement No. 2-90654
                                  effective July 6, 1984.

                                  Limited Partnership Agreement
                                  incorporated by reference to
                                  Registration
                                  Statement No. 2-90654 effective July
                                  6, 1984.

     11                           Not Applicable
     15                           Not Applicable
     18                           Not Applicable
     19                           Not Applicable
     20                           Not Applicable
     23                           Not Applicable
<PAGE>








                         SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of
     1934, the registrant has duly caused this report to be signed
     on its behalf by the undersigned thereunto duly authorized.
     
     
                         AMRECORP REALTY FUND II
                         a Texas limited partnership
     
     
     
                         By:  /s/ Robert J. Werra
                              -------------------

                              Robert J. Werra,
                              General Partner
     
   
     
     Date:     May 20, 1997
<PAGE>