<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> Sep-30-2000
<EXCHANGE-RATE> 1.00
<CASH> 1,947,445
<SECURITIES> 0
<RECEIVABLES> 2,334,310
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 9,563,924
<PP&E> 164,342,692
<DEPRECIATION> (11,726,417)
<TOTAL-ASSETS> 162,180,199
<CURRENT-LIABILITIES> 8,292,081
<BONDS> 0
0
0
<COMMON> 81,713,019
<OTHER-SE> (17,218,847)
<TOTAL-LIABILITY-AND-EQUITY> 162,180,199
<SALES> 0
<TOTAL-REVENUES> 6,291,232
<CGS> 0
<TOTAL-COSTS> 1,515,507
<OTHER-EXPENSES> 1,933,449
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,055,378
<INCOME-PRETAX> 886,104
<INCOME-TAX> 0
<INCOME-CONTINUING> 886,104
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 886,104
<EPS-BASIC> 0.10
<EPS-DILUTED> 0.10
</TABLE>
