Income Opportunity Realty Investors, Inc. (IOT) is engaged in investing in real estate. At December 31, 2009, the land consisted of 203.31 acres of land held for future development or sale. The land holdings are located in Texas. On September 3, 2009, IOT sold 15.06 acres of Travelers land, located in Farmers Branch, Texas. In October 2009, the Company sold the 2010 Valley View office building, a 40,666 square foot facility located in Farmers Branch, Texas. The Company also sold the Parkway Centre retail shopping center; a 28,374 square foot facility located in Dallas, Texas. In January 2008, the Company sold six of the apartment complexes. It included Brighton Court, Del Mar, Enclave, Meridian, Signature Place, and Sinclair Place, which are known as the Midland/Odessa properties.