Pride of Austin Homes has a limited number of unique and profitable opportunities for qualified investors to earn up to a 15% Return on Investment.

Investment is secured by second lien position on new construction residential real estate. All properties are located in Austin, Texas.

At the time of the investment, investor has the option of choosing how earned interest is paid. Investor can choose to be paid monthly, quarterly, or let interest accumulate until maturity.

Principal is paid in a single payment at maturity.

Property Address:  716 Post Oak	Investment Status:  Available	Investment:  $50,000 to $100,000
Interest Rate:  15% Per Annum	Maturity Date on or before: March 31, 2009	Market Value:*  $1,395,000
First Lien:  $980,000	Completion Date:**  December 31, 2008	Closing Date:**  March 31, 2009

Property Address:  525 East Live Oak	Investment Status:  Available	Investment:  $50,000 to $75,000
Interest Rate:  15% Per Annum	Maturity Date on or before:  May 31, 2009	Market Value:*  $750,000
First Lien:  $600,000	Completion Date:**  March 31, 2009	Closing Date:**  May 31, 2009

* Market Value is based upon information available at time of beginning of project under construction.

** Construction completion dates and closing dates (date that the completed property is sold) are anticipated dates based upon our best assumptions. Unforeseen circumstances may extend the completion dates and final closing dates.