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, 2010 (indention indicates immediate parent entity):

Corporations



|                                                |  |           |      |   |              |                  
|----------------------------------------------- |  | --------- | ---- | - | ------------ | -----------------
|Name of Entity                                  |  | Ownership |      |   | Jurisdiction
|American Realty Investors, Inc.                 |  |           | 2.40 | % |              | Nevada           
|ART One Hickory Corporation                     |  |           | 100  | % |              | Nevada           
|ART Two Hickory Corporation                     |  |           | 100  | % |              | Nevada           
|Centura-Ewing, Inc.                             |  |           | 100  | % |              | Nevada           
|Continental Mortgage and Equity Investors, Inc. |  |           | 100  | % |              | Nevada           
|Continental Baronne, Inc.                       |  |           | 100  | % |              | Nevada           
|Continental Poydras Corp.                       |  |           | 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 Toler, Inc.                               |  |           | 100  | % |              | Texas            
|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 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           
|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           



---

|                                |  |           |     |   |              |       
|------------------------------- |  | --------- | --- | - | ------------ | ------
|Name of Entity                  |  | Ownership |     |   | Jurisdiction
|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 Palm Desert, 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 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 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
|T. Copperridge, Inc.            |  |           | 100 | % |              | Nevada
|Tacco Universal, Inc.           |  |           | 100 | % |              | Nevada
|TCascades, 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
|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 Keller Hicks, Inc.          |  |           | 100 | % |              | Nevada
|TCI LeFlore Estates, Inc.       |  |           | 100 | % |              | Nevada
|TCI Limestone Vista Ridge, Inc. |  |           | 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



---

|                                       |  |           |     |   |              |            
|-------------------------------------- |  | --------- | --- | - | ------------ | -----------
|Name of Entity                         |  | Ownership |     |   | Jurisdiction
|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 Land, Inc.               |  |           | 100 | % |              | Nevada     
|TCI Riverwalk I, Inc.                  |  |           | 100 | % |              | Nevada     
|TCI Riverwalk II, 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 Willowbrook Village, Inc.          |  |           | 100 | % |              | Nevada     
|TFalcon, Inc.                          |  |           | 100 | % |              | Nevada     
|Today Mason Park GP, Inc.              |  |           | 100 | % |              | Texas      
|Top Capital Partners, Inc.             |  |           | 100 | % |              | Nevada     
|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     
|Verandas at Cityview Corp.             |  |           | 100 | % |              | Nevada     

LLC interests, including direct and indirect ownership through subsidiaries



|                                           |  |           |      |   |              |            
|------------------------------------------ |  | --------- | ---- | - | ------------ | -----------
|Name of Entity                             |  | Ownership |      |   | Jurisdiction
|ATI Mineral Holdings, LLC                  |  |           | 99   | % |              | Nevada     
|CCH Member, LLC                            |  |           | 100  | % |              | Mississippi
|Capital Center Holdings, LLC               |  |           | 50   | % |              | Mississippi
|David L. Jordan Apartments, Phase III, LLC |  |           | 0.01 | % |              | Mississippi
|LeFlore Estates, LLC                       |  |           | 0.01 | % |              | Mississippi
|T Bellwether Ridge, LLC                    |  |           | 100  | % |              | Nevada     
|T Bridgewood Ranch II, LLC                 |  |           | 100  | % |              | Nevada     
|T Courtyards at Cockrell Housing, LLC      |  |           | 100  | % |              | Nevada     
|T Keller Springs, LLC                      |  |           | 100  | % |              | Nevada     
|T Lodges, LLC                              |  |           | 100  | % |              | Nevada     
|T Midland, LLC                             |  |           | 100  | % |              | Nevada     
|T Mira Bella LLC                           |  |           | 100  | % |              | Nevada     
|T Peninsula Point, LLC                     |  |           | 100  | % |              | Nevada     
|T Peterson, LLC                            |  |           | 100  | % |              | Nevada     
|T Sierra Court, LLC                        |  |           | 100  | % |              | Nevada     
|T Sonoma Court, LLC                        |  |           | 100  | % |              | Nevada     
|T Springs Apts, LLC                        |  |           | 100  | % |              | Nevada     
|T Toulon, LLC                              |  |           | 100  | % |              | Nevada     
|T Townhome Investments, LLC                |  |           | 100  | % |              | Nevada     
|T Whitman, LLC                             |  |           | 100  | % |              | Nevada     
|TCI Alpenloan, LLC                         |  |           | 100  | % |              | Nevada     
|TCI Blue Ridge, LLC                        |  |           | 100  | % |              | Nevada     
|TCI Centura Holdings, LLC                  |  |           | 100  | % |              | Nevada     
|TCI Clements LLC                           |  |           | 100  | % |              | Nevada     



---

|                                                                                    |  |           |        |   |              |  |             | 
|----------------------------------------------------------------------------------- |  | --------- | ------ | - | ------------ |  | ----------- | 
|Name of Entity                                                                      |  | Ownership |        |   | Jurisdiction | 
|TCI Hines Acres, LLC                                                                |  |           | 100    | % |              |  | Nevada      | 
|TCI Ladue, LLC                                                                      |  |           | 100    | % |              |  | Nevada      | 
|T CI Luna Ventures, LLC                                                             |  |           | 100    | % |              |  | Nevada      | 
|TCI Manhattan 1, LLC                                                                |  |           | 100    | % |              |  | Nevada      | 
|TCI Manhattan 2, LLC                                                                |  |           | 100    | % |              |  | Nevada      | 
|TCI Marina Landing Lease, LLC                                                       |  |           | 100    | % |              |  | Nevada      | 
|TCI Meridian Acres, LLC                                                             |  |           | 100    | % |              |  | Nevada      | 
|TCI Payne North Land, LLC                                                           |  |           | 100    | % |              |  | Nevada      | 
|Three Hickory Center, LLC                                                           |  |           | 100    | % |              |  | Nevada      | 
|Travis Ranch, LLC                                                                   |  |           | 100    | % |              |  | Nevada      | 
|Partnership interests, including direct and
indirect ownership through subsidiaries |  |           |        |   |             
|288 City Park Apartments, LTD                                                       |  |           | 99.00  | % |              |  | Texas       | 
|30 Castleglen Estates Apartments, LP                                                |  |           | 99.00  | % |              |  | Texas       | 
|313 Keller Springs Apartments, LP                                                   |  |           | 24.00  | % |              |  | Texas       | 
|35 Sierra Court, LTD                                                                |  |           | 75.00  | % |              |  | Texas       | 
|35 Timberland Apts., LTD                                                            |  |           | 99.00  | % |              |  | Texas       | 
|5330 Peterson Lane Apartments, LP                                                   |  |           | 24.00  | % |              |  | Texas       | 
|Adams Properties Associates                                                         |  |           | 0.01   | % |              |  | Georgia     | 
|Anderson Estates, LP                                                                |  |           | 0.01   | % |              |  | Mississippi | 
|Blue Lake Properties II, LTD                                                        |  |           | 99.00  | % |              |  | Texas       | 
|Blue Lake Properties, LTD                                                           |  |           | 99.00  | % |              |  | Texas       | 
|Breakwater Bay, LTD                                                                 |  |           | 99.00  | % |              |  | Texas       | 
|Bridgewood Ranch Apts II, LP                                                        |  |           | 24.00  | % |              |  | Texas       | 
|BW Apartments, LP                                                                   |  |           | 49.00  | % |              |  | Texas       | 
|Capitol Hill Limited Partnership                                                    |  |           | 99.00  | % |              |  | Arkansas    | 
|Cascades Apartments, LTD                                                            |  |           | 99.00  | % |              |  | Texas       | 
|Courtyards at Cockerell Housing, LP                                                 |  |           | 0.01   | % |              |  | Texas       | 
|CTMGT Land Holdings, LP                                                             |  |           | 19.90  | % |              |  | Texas       | 
|Dakota Arms, LTD                                                                    |  |           | 99.00  | % |              |  | Texas       | 
|David L. Jordan Apartments Phase II, LP                                             |  |           | 0.01   | % |              |  | Mississippi | 
|DeSoto Apartments, LTD                                                              |  |           | 99.00  | % |              |  | Texas       | 
|DeSoto Ridge Apartments, LTD                                                        |  |           | 99.00  | % |              |  | Texas       | 
|Echo Valley Properties, LTD                                                         |  |           | 99.00  | % |              |  | Texas       | 
|El Chaparral National Associates, LP                                                |  |           | 99.00  | % |              |  | Texas       | 
|El Paso Legends, LTD                                                                |  |           | 99.00  | % |              |  | Texas       | 
|Falcon Lakes, LTD                                                                   |  |           | 99.00  | % |              |  | Texas       | 
|FB Peninsula Point, LTD                                                             |  |           | 24.00  | % |              |  | Texas       | 
|FW Verandas at City View, LTD                                                       |  |           | 99.00  | % |              |  | Texas       | 
|Garden Centura, LP                                                                  |  |           | 5.00   | % |              |  | Texas       | 
|Heather Creek Apartments Mesquite, LTD                                              |  |           | 99.00  | % |              |  | Texas       | 
|KLP Blue Ridge Apartments, LP                                                       |  |           | 24.00  | % |              |  | Texas       | 
|KLP Clay Desta Apartments, LP                                                       |  |           | 99.00  | % |              |  | Texas       | 
|KLP Dorado Ranch Apartments, LP                                                     |  |           | 24.00  | % |              |  | Texas       | 
|KLP Sugar Mill Apartments, LP                                                       |  |           | 24.00  | % |              |  | Texas       | 
|KLP Toulon Apartments, LP                                                           |  |           | 99.00  | % |              |  | Mississippi | 
|Laguna at Mira Lago, LTD                                                            |  |           | 99.00  | % |              |  | Texas       | 
|Lake Forest AM, LTD                                                                 |  |           | 99.00  | % |              |  | Texas       | 
|Lakeview at Pecan Creek Apartments, LTD                                             |  |           | 99.00  | % |              |  | Texas       | 
|Limestone Vista Ridge Apartments, LTD                                               |  |           | 100.00 | % |              |  | Texas       | 
|Loyal Windsong of Fort Worth, LTD                                                   |  |           | 99.00  | % |              |  | Texas       | 
|Mansions of Mansfield Apartments, LTD                                               |  |           | 24.00  | % |              |  | Texas       | 
|Marina Landing, LP                                                                  |  |           | 49.00  | % |              |  | Texas       | 



---

|                                        |  |           |        |   |              |            
|--------------------------------------- |  | --------- | ------ | - | ------------ | -----------
|Name of Entity                          |  | Ownership |        |   | Jurisdiction
|Mason Kingsland Apartments, LP          |  |           | 99.00  | % |              | Texas      
|Mason Park, LTD                         |  |           | 100.00 | % |              | Texas      
|Metra Cross Pool 2, LP                  |  |           | 14.60  | % |              | Delaware   
|Metra Quail Oaks, LP                    |  |           | 14.60  | % |              | Delaware   
|Metra Westwood, LP                      |  |           | 14.60  | % |              | Delaware   
|Monticello Estates, LP                  |  |           | 0.01   | % |              | Arkansas   
|Nakash Income Associates                |  |           | 60.0   | % |              | Georgia    
|Northside on Travis, LTD                |  |           | 24.00  | % |              | Texas      
|Pacific Galveston Properties, LP        |  |           | 49.00  | % |              | Texas      
|Parc at Clarksville, LP                 |  |           | 1.00   | % |              | Tennessee  
|Parc at Denham Springs, LP              |  |           | 24.00  | % |              | Louisiana  
|Parc at Grand Prairie, LP               |  |           | 99.00  | % |              | Texas      
|Parc at Maumelle, LP                    |  |           | 99.00  | % |              | Arkansas   
|Parc at Metro Center II, LP             |  |           | 24.00  | % |              | Tennessee  
|Parc at Metro Center, LP                |  |           | 99.00  | % |              | Tennessee  
|Parc at Rogers, LP                      |  |           | 100.00 | % |              | Arkansas   
|Pecan Pointe, LTD                       |  |           | 24.00  | % |              | Texas      
|Ridgepoint on the Creek, LTD            |  |           | 99.00  | % |              | Texas      
|Riverwalk Apartments, LP                |  |           | 0.01   | % |              | Mississippi
|S Breeze Apartments, LP                 |  |           | 24.00  | % |              | Texas      
|SA Spanish Trail, LTD                   |  |           | 99.00  | % |              | Texas      
|Sendero Ridge, LTD                      |  |           | 100.00 | % |              | Texas      
|Sonoma Court, LTD                       |  |           | 24.00  | % |              | Texas      
|Spyglass of Mansfield, LTD              |  |           | 99.00  | % |              | Texas      
|TCI Woodmont Group III, LP              |  |           | 75.00  | % |              | Texas      
|TCI Woodmont Group IV, LP               |  |           | 75.00  | % |              | Texas      
|TCI Woodmont Group V, LP                |  |           | 100.00 | % |              | Texas      
|TCI Woodmont Group VII, LP              |  |           | 100.00 | % |              | Texas      
|The Lodge at Pecan Creek Apartments, LP |  |           | 24.00  | % |              | Nevada     
|Tivoli Midway, LTD                      |  |           | 99.00  | % |              | Texas      
|Verona Villa Apartments, LTD            |  |           | 24.00  | % |              | Texas      
|Vistas of Pinnacle Park, LTD            |  |           | 99.00  | % |              | Texas      
|Vistas of Vance Jackson, LTD            |  |           | 99.00  | % |              | Texas      
|Wildflower Villas, LTD                  |  |           | 99.00  | % |              | Texas      
|Woodmont TCI Group IX, LP               |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group VIII, LP             |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group X, LP                |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group XI, LP               |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group XII, LP              |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group XIII, LP             |  |           | 75.00  | % |              | Texas      
|Woodmont TCI Group XIV, LP              |  |           | 75.00  | % |              | Texas      



|* | A List of all subsidiaries of Income Opportunity Realty Investors (IOT) is filed as exhibit 21.1 to IOTs Annual Report on Form 10-K for the fiscal year ended
December 31, 2010 which was filed with the Commission on March 31, 2011 and is incorporated by reference herein.
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|** | Transcontinental Realty Investors, Inc. owns 48.8%, American Realty Investors, Inc. owns 31.3% and Income Opportunity Realty Investors, Inc. owns 19.9%.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------