-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OI7A+0Tyg4CgsFB8XKklvpMHmnm+Mc0LrKfRh0qoqIWF4Hhl7NxuFQL2iY+sIGvF
 i9ynIIM87MZ3PQGcgL+3eQ==

<SEC-DOCUMENT>0001244772-04-000002.txt : 20040301
<SEC-HEADER>0001244772-04-000002.hdr.sgml : 20040301
<ACCEPTANCE-DATETIME>20040301175726
ACCESSION NUMBER:		0001244772-04-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040301
FILED AS OF DATE:		20040301

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HAMILL THOMAS
		CENTRAL INDEX KEY:			0001244772

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13610
		FILM NUMBER:		04640505

	MAIL ADDRESS:	
		STREET 1:		18111 PRESTON RD
		STREET 2:		STE 600
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75252

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PMC COMMERCIAL TRUST /TX
		CENTRAL INDEX KEY:			0000908311
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				756446078
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		18111 PRESTON RD
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75252
		BUSINESS PHONE:		972-349-3200

	MAIL ADDRESS:	
		STREET 1:		18111 PRESTON RD
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75252
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-03-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000908311</issuerCik>
        <issuerName>PMC COMMERCIAL TRUST /TX</issuerName>
        <issuerTradingSymbol>PCC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001244772</rptOwnerCik>
            <rptOwnerName>HAMILL THOMAS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>18111 PRESTON RD</rptOwnerStreet1>
            <rptOwnerStreet2>STE 600</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75252</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares of Beneficial Interest</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4136</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Acquired shares from merger from PMC Capital, Inc. to PMC Commercial Trust at a .37 exchange ratio</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Thomas Hamill under Power of Attorney</signatureName>
        <signatureDate>2004-03-01</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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