EXHIBIT 21.1

Kimball Hill, Inc. and Subsidiaries
Subsidiaries of Kimball Hill, Inc.

|Subsidiary                                          |  | Jurisdiction of Formation
|--------------------------------------------------- |  | -------------------------
|18th and Peoria, LLC                                |  | Illinois                 
|Astor Place Limited Partnership                     |  | Illinois                 
|Bolingbrook Limited Partnership                     |  | Illinois                 
|Bridle Ridge Limited Partnership                    |  | California               
|Cactus Hills, LLC                                   |  | Nevada                   
|East Lake Park, Inc.                                |  | Wisconsin                
|Edgewater Limited Partnership                       |  | Illinois                 
|Gables at Hiddenbrook Limited Partnership           |  | Washington               
|Huntington Chase Limited Partnership                |  | Illinois                 
|Indian Trails Limited Partnership                   |  | Texas                    
|KH Financial Holding Company                        |  | Illinois                 
|KH Ingham Park South, LLC                           |  | Illinois                 
|KH SRAV II, LLC                                     |  | Illinois                 
|KHH Texas Trading Company L.P.                      |  | Texas                    
|Kimball Cove Limited Partnership                    |  | Texas                    
|Kimball Hill Bellevue Ranch, LLC                    |  | California               
|Kimball Hill Calusa Palms Limited Partnership       |  | Florida                  
|Kimball Hill Centennial Heights Limited Partnership |  | Nevada                   
|Kimball Hill Chadwick Farms Limited Partnership     |  | Texas                    
|Kimball Hill Far East Detroit, LLC                  |  | Illinois                 
|Kimball Hill Heathers/ Caparola Limited Partnership |  | Nevada                   
|Kimball Hill Homes Austin, L.P.                     |  | Texas                    
|Kimball Hill Homes Austin Investments, L.L.C.       |  | Illinois                 
|Kimball Hill Homes Austin Operations, L.L.C.        |  | Texas                    
|Kimball Hill Homes California, Inc.                 |  | California               
|Kimball Hill Homes Dallas, L.P.                     |  | Texas                    
|Kimball Hill Homes Dallas Investments, L.L.C.       |  | Illinois                 
|Kimball Hill Homes Dallas Operations, L.L.C.        |  | Texas                    
|Kimball Hill Homes Florida, Inc.                    |  | Florida                  
|Kimball Hill Homes Houston, L.P.                    |  | Texas                    
|Kimball Hill Homes Houston Investments, L.L.C.      |  | Illinois                 
|Kimball Hill Homes Houston Operations, L.L.C.       |  | Texas                    
|Kimball Hill Homes Illinois, LLC                    |  | Illinois                 
|Kimball Hill Homes Nevada, Inc.                     |  | Nevada                   
|Kimball Hill Homes Ohio, Inc.                       |  | Ohio                     
|Kimball Hill Homes Oregon, Inc.                     |  | Oregon                   
|Kimball Hill Homes Realty Florida, Inc.             |  | Florida                  
|Kimball Hill Homes San Antonio, L.P.                |  | Texas                    
|Kimball Hill Homes Texas, Inc.                      |  | Texas                    
|Kimball Hill Homes Washington, Inc.                 |  | Washington               
|Kimball Hill Homes Wisconsin, Inc.                  |  | Wisconsin                
|Kimball Hill Marbella Estates Limited Partnership   |  | Florida                  
|Kimball Hill Reflections, LLC                       |  | California               
|Kimball Hill Sheldon Lakes, LLC                     |  | California               
|Kimball Hill Stateway, Inc.                         |  | Illinois                 
|Kimball Hill Suburban Centers, L.L.C.               |  | Illinois                 

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|Subsidiary                                     |  | Jurisdiction of Formation
|---------------------------------------------- |  | -------------------------
|Kimball Hill Texas Investment Company, L.L.C.  |  | Illinois                 
|Kimball Hill TX Properties, LLC                |  | Texas                    
|Kimball Hill Urban Centers Chicago One, L.L.C. |  | Illinois                 
|Kimball Hill Urban Centers Chicago Two, L.L.C. |  | Illinois                 
|Kimball Hill Urban Centers, L.L.C.             |  | Illinois                 
|Kimball Hill Villages, LLC                     |  | California               
|Kimball Mountain First Limited Partnership     |  | Nevada                   
|Kimball West Frisco Limited Partnership        |  | Texas                    
|Legend Lakes Limited Partnership               |  | Illinois                 
|National Credit and Guaranty Corporation       |  | Delaware                 
|Park Shore, L.L.C.                             |  | Wisconsin                
|Parkview Limited Partnership                   |  | California               
|River Oaks Homes, L.L.P.                       |  | Texas                    
|River Oaks Realty, L.P.                        |  | Texas                    
|River Pointe Limited Partnership               |  | California               
|Sonata at Morada Ranch Limited Partnership     |  | California               
|Stonehill Square LLC                           |  | Illinois                 
|Terramina LLC                                  |  | Delaware                 
|The Glen Townhomes Limited Partnership         |  | Illinois                 
|The Glens at Westlake, L.L.C.                  |  | Illinois                 
|The Hamilton Place Limited Partnership         |  | Illinois                 
|Waterford Limited Partnership                  |  | Illinois                 
|Whispering Meadow Limited Partnership          |  | Illinois                 
|White Oak Limited Partnership                  |  | Illinois                 
|Windmill Park Limited Partnership              |  | California               

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