Much obliged for the links. I suspect that it is a camp flag for Company K, 2d Texas. They were stationed in Houston in February of 1862.
I have a photo of the flag--I'm not computer literate enough to attach it to this post--so, if anyone is interested in seeing it, write to me at Gorenfeld@dock.net and I shall send you a jpeg.
To Join the Company of Military Historians click here