<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
(Replace this text with the legend)
</LEGEND>
<CIK> 0000868196
<NAME> United Investors Realty Trust
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-START> Jan-1-2000
<PERIOD-END> Jun-30-2000
<EXCHANGE-RATE> 1.00
<CASH> 3,922,861
<SECURITIES> 0
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<ALLOWANCES> 0
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<PP&E> 170,865,549
<DEPRECIATION> (11,647,318)
<TOTAL-ASSETS> 170,160,985
<CURRENT-LIABILITIES> 8,117,255
<BONDS> 0
0
0
<COMMON> 83,661,997
<OTHER-SE> (16,192,205)
<TOTAL-LIABILITY-AND-EQUITY> 170,160,985
<SALES> 0
<TOTAL-REVENUES> 6,709,093
<CGS> 0
<TOTAL-COSTS> 7,628,937
<OTHER-EXPENSES> 2,053,353
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,934,329
<INCOME-PRETAX> (4,235,577)
<INCOME-TAX> 0
<INCOME-CONTINUING> (4,235,577)
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<CHANGES> 0
<NET-INCOME> (4,235,577)
<EPS-BASIC> (0.47)
<EPS-DILUTED> (0.47)
</TABLE>
