The effect of annealing treatment on the microstructure and texture of a Ti₅₀Ni₄₇Fe₃ shape memory alloy tube was studied. The results show that the recrystallization process of a cold-rolled Ti₅₀Ni₄₇Fe₃ alloy tube occurs at 600 °C. The microstructure changes from long striped grains to equiaxed recrystallized grains. The main texture of the alloy tube is the fiber texture parallel to RD. With the increase in the annealing temperature, the crystal orientation of the alloy gradually turned to (111), and a series of secondary textures were distributed along the γ orientation line when the alloy was annealed at a lower temperature (450~600 °C). When the alloy was annealed at 650 °C, the growth of recrystallized grains made the grain orientation change, which led to the weakening of the γ-fiber texture and the formation of recrystallization textures.