Exhibit 21.0

TRANSCONTINENTAL REALTY INVESTORS, INC.

SUBSIDIARIES OF THE
REGISTRANT

The following is a list of all subsidiaries of and partnership interests of Transcontinental Realty Investors,
Inc., the percentage of ownership and the state or other jurisdiction of organization or incorporation as of December 31, 2009 (indention indicates immediate parent entity):

Corporations



|                                                |  |           |   |  |                  
|----------------------------------------------- |  | --------- | - |  | -----------------
|Name of Entity                                  |  | Ownership |   |  | Jurisdiction     
|American Realty Investors, Inc.                 |  | 2.4       | % |  | Nevada           
|ART One Hickory Corporation                     |  | 100       | % |  | Nevada           
|ART Two Hickory Corporation                     |  | 100       | % |  | Nevada           
|Centura-Ewing, Inc.                             |  | 100       | % |  | Nevada           
|Continental Common Lease, Inc.                  |  | 100       | % |  | Louisiana        
|Continental Mortgage and Equity Investors, Inc. |  | 100       | % |  | Nevada           
|Continental Baronne, Inc.                       |  | 100       | % |  | Nevada           
|Continental Common, Inc.                        |  | 100       | % |  | Nevada           
|Continental Poydras Corp.                       |  | 100       | % |  | Nevada           
|Continental Signature, Inc.                     |  | 100       | % |  | Nevada           
|Continental Somerset Corporation                |  | 100       | % |  | Nevada           
|Coventry Pointe, Inc.                           |  | 100       | % |  | Nevada           
|EQK Bridgeview Plaza, Inc.                      |  | 100       | % |  | Nevada           
|Garden Centura, Inc.                            |  | 100       | % |  | Nevada           
|Hartford Building Corporation                   |  | 100       | % |  | Texas            
|Income Opportunity Realty Investors, Inc.       |  | 85.2      | % |  | Nevada           
|Mandahl Bay Holdings, Inc.                      |  | 100       | % |  | US Virgin Islands
|Midland Odessa Properties, Inc.                 |  | 48.8      | % |  | California       
|South Cochran Corporation                       |  | 100       | % |  | Nevada           
|South Toler, Inc.                               |  | 100       | % |  | Texas            
|T Autumn Chase, Inc.                            |  | 100       | % |  | Nevada           
|T Belmont, Inc.                                 |  | 100       | % |  | Nevada           
|T Blue Lake II, Inc.                            |  | 100       | % |  | Nevada           
|T Blue Lakes, Inc.                              |  | 100       | % |  | Nevada           
|T Breakwater, Inc.                              |  | 100       | % |  | Nevada           
|T Capitol Hill II, Inc.                         |  | 100       | % |  | Nevada           
|T Capitol Hill, Inc.                            |  | 100       | % |  | Nevada           
|T Castle Glen, Inc.                             |  | 100       | % |  | Nevada           
|T City Park, Inc.                               |  | 100       | % |  | Nevada           
|T Clarksville, Inc.                             |  | 100       | % |  | Nevada           
|T Copperridge, Inc.                             |  | 100       | % |  | Nevada           
|T Dakota Arms, Inc.                             |  | 100       | % |  | Nevada           
|T Desoto Ridge, Inc.                            |  | 100       | % |  | Nevada           
|T Desoto, Inc.                                  |  | 100       | % |  | Nevada           
|T Dorado Ranch, Inc.                            |  | 100       | % |  | Nevada           
|T Echo Valley, Inc.                             |  | 100       | % |  | Nevada           
|T Galleria Town Center, Inc.                    |  | 100       | % |  | Nevada           
|T Galleria West Hotel, Inc.                     |  | 100       | % |  | Nevada           
|T Galleria West Lofts, Inc.                     |  | 100       | % |  | Nevada           



---

|                            |  |           |   |  |             
|--------------------------- |  | --------- | - |  | ------------
|Name of Entity              |  | Ownership |   |  | Jurisdiction
|T Grand Prairie, Inc.       |  | 100       | % |  | Nevada      
|T Hackberry, Inc.           |  | 100       | % |  | Nevada      
|T Heather Creek, Inc.       |  | 100       | % |  | Nevada      
|T Island Bay Corp.          |  | 100       | % |  | Nevada      
|T Keller Springs, Inc.      |  | 100       | % |  | Nevada      
|T Kingsland Ranch, Inc.     |  | 100       | % |  | Nevada      
|T Kinsey Bridges, Inc.      |  | 100       | % |  | Nevada      
|T Lago Vista West, Inc.     |  | 100       | % |  | Nevada      
|T Laguna, Inc.              |  | 100       | % |  | Nevada      
|T Lakeforest, Inc.          |  | 100       | % |  | Nevada      
|T LC Station, Inc.          |  | 100       | % |  | Nevada      
|T LC Village, Inc.          |  | 100       | % |  | Nevada      
|T Legend, Inc.              |  | 100       | % |  | Nevada      
|T Longfellow, Inc.          |  | 100       | % |  | Nevada      
|T Majestic, Inc.            |  | 100       | % |  | Nevada      
|T Mansions, Inc.            |  | 100       | % |  | Nevada      
|T Mason Park, Inc.          |  | 100       | % |  | Nevada      
|T Maumelle, Inc.            |  | 100       | % |  | Nevada      
|T Metro Center, Inc.        |  | 100       | % |  | Nevada      
|T Nashville, Inc.           |  | 100       | % |  | Nevada      
|T Park Central, Inc.        |  | 100       | % |  | Nevada      
|T Pecan Creek, Inc.         |  | 100       | % |  | Nevada      
|T Pecan Pointe, Inc.        |  | 100       | % |  | Nevada      
|T Pinnacle, Inc.            |  | 100       | % |  | Nevada      
|T Plum Creek, Inc.          |  | 100       | % |  | Nevada      
|T Polo Estates, Inc.        |  | 100       | % |  | Nevada      
|T Rogers, Inc.              |  | 100       | % |  | Nevada      
|T Sendero Ridge, Inc.       |  | 100       | % |  | Nevada      
|T Sorrento, Inc.            |  | 100       | % |  | Nevada      
|T Southwood 1295, Inc.      |  | 100       | % |  | Nevada      
|T Southwood 1394, Inc.      |  | 100       | % |  | Nevada      
|T Spanish Trail, Inc.       |  | 100       | % |  | Nevada      
|T Spyglass, Inc.            |  | 100       | % |  | Nevada      
|T Stonemason, Inc.          |  | 100       | % |  | Nevada      
|T Summer Breeze, Inc.       |  | 100       | % |  | Nevada      
|T Surf, Inc.                |  | 100       | % |  | Nevada      
|T Temple Villas, Inc.       |  | 100       | % |  | Nevada      
|T Travis, Inc.              |  | 100       | % |  | Nevada      
|T Vance Jackson, Inc.       |  | 100       | % |  | Nevada      
|T Verona Villas, Inc.       |  | 100       | % |  | Nevada      
|T Windsong, Inc.            |  | 100       | % |  | Nevada      
|TCascades, Inc.             |  | 100       | % |  | Nevada      
|TCI 1013 Common, Inc.       |  | 100       | % |  | Nevada      
|TCI 109 Beltline, Inc.      |  | 100       | % |  | Nevada      
|TCI 151 Acres, Inc.         |  | 100       | % |  | Nevada      
|TCI 319 Acres, Inc.         |  | 100       | % |  | Nevada      
|TCI 600 Las Colinas, Inc.   |  | 100       | % |  | Nevada      
|TCI 9033 Wilshire Boulevard |  | 100       | % |  | Nevada      
|TCI Anderson Estates, Inc.  |  | 100       | % |  | Nevada      
|TCI Audubon Terrace, Inc.   |  | 100       | % |  | Nevada      
|TCI Baywalk Corp.           |  | 100       | % |  | Nevada      
|TCI Bentonville, Inc.       |  | 100       | % |  | Nevada      
|TCI Centura, Inc.           |  | 100       | % |  | Nevada      



---

|                                       |  |           |   |  |             
|-------------------------------------- |  | --------- | - |  | ------------
|Name of Entity                         |  | Ownership |   |  | Jurisdiction
|TCI Circle C, Inc.                     |  | 100       | % |  | Nevada      
|TCI Courtyard, Inc.                    |  | 100       | % |  | Nevada      
|TCI Dedeaux Road, Inc.                 |  | 100       | % |  | Nevada      
|TCI Denham Springs, Inc.               |  | 100       | % |  | Nevada      
|TCI DLJ II, Inc.                       |  | 100       | % |  | Nevada      
|TCI DLJ III, Inc.                      |  | 100       | % |  | Nevada      
|TCI Heritage Building, Inc.            |  | 100       | % |  | Nevada      
|TCI Hunters Glen, Inc.                 |  | 100       | % |  | Nevada      
|TCI Keller Hicks, Inc.                 |  | 100       | % |  | Nevada      
|TCI LeFlore Estates, Inc.              |  | 100       | % |  | Nevada      
|TCI Lexington Corp.                    |  | 100       | % |  | Nevada      
|TCI Limestone Vista Ridge, Inc.        |  | 100       | % |  | Nevada      
|TCI Marina Landing Corp.               |  | 100       | % |  | Nevada      
|TCI McKinney 34, Inc.                  |  | 100       | % |  | Nevada      
|TCI McKinney Ranch, Inc.               |  | 100       | % |  | Nevada      
|TCI Mercer Crossing, Inc.              |  | 100       | % |  | Nevada      
|TCI Monticello Estates, Inc.           |  | 100       | % |  | Nevada      
|TCI Mountain Plaza, Inc.               |  | 100       | % |  | Nevada      
|TCI MS Investment, Inc.                |  | 100       | % |  | Mississippi 
|TCI NO Properties, Inc.                |  | 100       | % |  | Nevada      
|TCI Ocean Estates, Inc.                |  | 100       | % |  | Nevada      
|TCI Paramount Terrace, Inc.            |  | 100       | % |  | Nevada      
|TCI Park West I, Inc.                  |  | 100       | % |  | Nevada      
|TCI Park West II, Inc.                 |  | 100       | % |  | Nevada      
|TCI Park West Land, Inc.               |  | 100       | % |  | Nevada      
|TCI Riverwalk I, Inc.                  |  | 100       | % |  | Nevada      
|TCI Riverwalk II, Inc.                 |  | 100       | % |  | Nevada      
|TCI Stone Villas, Inc.                 |  | 100       | % |  | Nevada      
|TCI Sugar Mill, Inc.                   |  | 100       | % |  | Nevada      
|TCI Tivoli, Inc.                       |  | 99        | % |  | Nevada      
|TCI UIW, Inc.                          |  | 100       | % |  | Nevada      
|TCI Valley Ranch 20, Inc.              |  | 100       | % |  | Nevada      
|TCI West End, Inc.                     |  | 100       | % |  | Nevada      
|TCI Westwood Square, Inc.              |  | 100       | % |  | Nevada      
|TCI Willowbrook Village, Inc.          |  | 100       | % |  | Nevada      
|TCI Woodsong, Inc.                     |  | 100       | % |  | Nevada      
|TFalcon, Inc.                          |  | 100       | % |  | Nevada      
|Top Capital Partners, Inc.             |  | 100       | % |  | Nevada      
|Transcontinental 4400, Inc.            |  | 100       | % |  | Nevada      
|Today Mason Park GP, Inc.              |  | 100       | % |  | Texas       
|Transcontinental Cary, Inc.            |  | 100       | % |  | Nevada      
|Transcontinental Eldorado, Inc.        |  | 100       | % |  | Nevada      
|Transcontinental Gautier Land, Inc.    |  | 100       | % |  | Nevada      
|Transcontinental Lamar, Inc.           |  | 100       | % |  | Nevada      
|Transcontinental Texstar, Inc.         |  | 100       | % |  | Nevada      
|Transcontinental Treehouse Corporation |  | 100       | % |  | Nevada      
|Transcontinental Westgrove, Inc.       |  | 100       | % |  | Nevada      
|Verandas at Cityview Corp.             |  | 100       | % |  | Nevada      
|Warren Road Farm, Inc.                 |  | 100       | % |  | Nevada      



---

LLC interests, including direct and indirect ownership through subsidiaries



|                                                                                    |  |           |   |  |             
|----------------------------------------------------------------------------------- |  | --------- | - |  | ------------
|Name of Entity                                                                      |  | Ownership |   |  | Jurisdiction
|CCH Member, LLC                                                                     |  | 100       | % |  | Mississippi 
|Capital Center Holdings, LLC                                                        |  | 50        | % |  | Mississippi 
|David L. Jordan Apartments, Phase III, LLC                                          |  | 0.01      | % |  | Mississippi 
|JMJ Circle C East, LLC                                                              |  | 100       | % |  | Texas       
|JMJ Circle C West, LLC                                                              |  | 100       | % |  | Texas       
|JMJ Circle C, LLC                                                                   |  | 100       | % |  | Texas       
|LeFlore Estates, LLC                                                                |  | 0.01      | % |  | Mississippi 
|North Texas EB-5 Regional Center, LLC                                               |  | 100       | % |  | Nevada      
|T Courtyards at Cockrell Housing, LLC                                               |  | 100       | % |  | Nevada      
|T Lodges, LLC                                                                       |  | 100       | % |  | Nevada      
|T Midland, LLC                                                                      |  | 100       | % |  | Nevada      
|T Sierra Court, LLC                                                                 |  | 100       | % |  | Nevada      
|T Toulon, LLC                                                                       |  | 100       | % |  | Nevada      
|T Townhome Investments, LLC                                                         |  | 100       | % |  | Nevada      
|T Whitman, LLC                                                                      |  | 100       | % |  | Nevada      
|TCI Adriatic, LLC                                                                   |  | 100       | % |  | Nevada      
|TCI Alpenloan, LLC                                                                  |  | 100       | % |  | Nevada      
|TCI Amoco Property, LLC                                                             |  | 100       | % |  | Delaware    
|TCI Arbor Pointe, LLC                                                               |  | 100       | % |  | Texas       
|TCI Blue Ridge, LLC                                                                 |  | 100       | % |  | Nevada      
|TCI Bridgewood, LLC                                                                 |  | 100       | % |  | Nevada      
|TCI Centura Holdings, LLC                                                           |  | 100       | % |  | Nevada      
|TCI Fountains at Waterford, LLC                                                     |  | 100       | % |  | Texas       
|TCI Hines Acres, LLC                                                                |  | 100       | % |  | Nevada      
|TCI Ladue, LLC                                                                      |  | 100       | % |  | Nevada      
|TCI Luna Ventures, LLC                                                              |  | 100       | % |  | Nevada      
|TCI Manhattan 1, LLC                                                                |  | 100       | % |  | Nevada      
|TCI Manhattan 2, LLC                                                                |  | 100       | % |  | Nevada      
|TCI Meridian Acres, LLC                                                             |  | 100       | % |  | Nevada      
|TCI Pantaze, LLC                                                                    |  | 100       | % |  | Nevada      
|TCI Payne North Land, LLC                                                           |  | 100       | % |  | Nevada      
|TCI Ridgepoint, LLC                                                                 |  | 100       | % |  | Nevada      
|TCI Sunchase Apartments, LLC                                                        |  | 100       | % |  | Texas       
|TCI Texas Properties, LLC                                                           |  | 100       | % |  | Nevada      
|TCI Thornwood Apartments, LLC                                                       |  | 100       | % |  | Texas       
|Thornwood Land and Cattle, LLC                                                      |  | 100       | % |  | Nevada      
|Three Hickory Center, LLC                                                           |  | 100       | % |  | Nevada      
|Travis Ranch, LLC                                                                   |  | 100       | % |  | Nevada      
|                                                                                    |  |          
|Partnership interests, including direct and indirect ownership through subsidiaries |  |           |   |  |             
|Metra Cross Pool 2, LP                                                              |  | 14.6      | % |  | Delaware    
|Metra Delmar Valley, LP                                                             |  | 14.6      | % |  | Delaware    
|Metra Enclave, LP                                                                   |  | 14.6      | % |  | Delaware    
|Metra Fairway View, LP                                                              |  | 14.6      | % |  | Delaware    
|Metra Fountain Lake, LP                                                             |  | 14.6      | % |  | Delaware    
|Metra Harpers Ferry, LP                                                            |  | 14.6      | % |  | Delaware    
|Metra Quail Oaks, LP                                                                |  | 14.6      | % |  | Delaware    
|Metra Westwood, LP                                                                  |  | 14.6      | % |  | Delaware    
|Metra Willow Creek, LP                                                              |  | 14.6      | % |  | Delaware    



---

|                                       |  |           |   |  |             
|-------------------------------------- |  | --------- | - |  | ------------
|Name of Entity                         |  | Ownership |   |  | Jurisdiction
|Monticello Estates, LP                 |  | 0.0       | % |  | Arkansas    
|Mountain Home Associates, LP           |  | 37.0      | % |  | New York    
|Nakash Income Associates               |  | 60.0      | % |  | Georgia     
|Northside on Travis, LTD               |  | 24.0      | % |  | Texas       
|Pacific Galveston Properties, LP       |  | 1.0       | % |  | Texas       
|Parc at Clarksville, LP                |  | 99.0      | % |  | Tennessee   
|Parc at Denham Springs, LP             |  | 24.0      | % |  | Louisiana   
|Parc at Grand Prairie, LP              |  | 99.0      | % |  | Texas       
|Parc at Maumelle, LP                   |  | 99.0      | % |  | Arkansas    
|Parc at Metro Center II, LP            |  | 24.0      | % |  | Tennessee   
|Parc at Metro Center, LP               |  | 99.0      | % |  | Tennessee   
|Parc at Rogers, LP                     |  | 99.0      | % |  | Arkansas    
|Pecan Pointe, LTD                      |  | 24.0      | % |  | Texas       
|Plum Creek Apartments, LTD             |  | 24.0      | % |  | Texas       
|Riverwalk Apartments, LP               |  | 0.01      | % |  | Mississippi 
|SA Spanish Trail, LTD                  |  | 99.0      | % |  | Texas       
|Sendero Ridge, LTD                     |  | 75.0      | % |  | Texas       
|Signature Athletic Limited Partnership |  | 100.0     | % |  | Texas       
|Spyglass of Mansfield, LTD             |  | 99.0      | % |  | Texas       
|TCI Eton Square, LP                    |  | 90.0      | % |  | Texas       
|TCI Woodmont Group III, LP             |  | 75.1      | % |  | Texas       
|TCI Woodmont Group IV, LP              |  | 75.1      | % |  | Texas       
|TCI Woodmont Group V, LP               |  | 75.1      | % |  | Texas       
|TCI Woodmont Group VII, LP             |  | 75.1      | % |  | Texas       
|Tivoli Midway, LTD                     |  | 99.0      | % |  | Texas       
|Verona Villa Apartments, LTD           |  | 24.0      | % |  | Texas       
|Vistas of Pinnacle Park, LTD           |  | 99.0      | % |  | Texas       
|Vistas of Vance Jackson, LTD           |  | 99.0      | % |  | Texas       
|Westgrove Air Plaza, LTD               |  | 90.0      | % |  | Texas       
|Wildflower Villas, LTD                 |  | 99.0      | % |  | Texas       
|Woodmont TCI Group IX, LP              |  | 75.1      | % |  | Texas       
|Woodmont TCI Group VIII, LP            |  | 75.1      | % |  | Texas       
|Woodmont TCI Group X, LP               |  | 75.1      | % |  | Texas       
|Woodmont TCI Group XI, LP              |  | 75.1      | % |  | Texas       
|Woodmont TCI Group XII, LP             |  | 75.1      | % |  | Texas       
|Woodmont TCI Group XIII, LP            |  | 75.1      | % |  | Texas       
|Woodmont TCI Group XIV, LP             |  | 75.1      | % |  | Texas