Texas Capital Value Funds, Inc.
Supplement to the Prospectus and Statement of Additional information
dated January 31st, 1998, and to become effective with the Firm's
Post-effective amendment filed with the commission on December 1, 1998.
1. The instructions for shareholders wishing to wire transfer
funds were changed.
2. The maximum amount shareholders may withdraw without a signature
guarantee was raised to $25,000.
3. There is a $5.00 fee going to the transfer agent for telephone
exchanges.
4. The minimum investment for retirement accounts has been lowered
to $500.
December 30, 1998
/s/Brian Bares
Brian Bares
Secretary
