-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 lkl+VLrfEOK36dIvnRZoow==

<SEC-DOCUMENT>0000950134-02-001606.txt : 20020414
<SEC-HEADER>0000950134-02-001606.hdr.sgml : 20020414
ACCESSION NUMBER:		0000950134-02-001606
CONFORMED SUBMISSION TYPE:	DEL AM
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN REALTY INVESTORS INC
		CENTRAL INDEX KEY:			0001102238
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS [6510]
		IRS NUMBER:				752847135
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEL AM
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-83292
		FILM NUMBER:		02558694

	BUSINESS ADDRESS:	
		STREET 1:		10670 NORTH CENTRAL EXPRESSWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75231
		BUSINESS PHONE:		2147404700

	MAIL ADDRESS:	
		STREET 1:		10670 NORTH CENTRAL EXPRESSWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75231
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEL AM
<SEQUENCE>1
<FILENAME>d93379adelam.txt
<DESCRIPTION>DELAYING AMENDMENT
<TEXT>
<PAGE>
                       [JACKSON WALKER L.L.P. LETTERHEAD]



February 26, 2002

VIA EDGAR

Ms. Peggy Y. Kim
Securities and Exchange Commission
Division of Corporate Finance
450 Fifth Street, N.W.
Washington, D.C. 20549

Re:  American Realty Investors, Inc.
     File No. 333-83292

Dear Ms. Kim:

Pursuant to Rule 473 of the Securities Act of 1933, the following delaying
amendment is hereby incorporated into American Realty Investors, Inc.'s Form S-4
previously filed with the Securities and Exchange Commission:

         "The registrant hereby amends this registration statement on such date
         or dates as may be necessary to delay its effective date until the
         registrant shall file a further amendment which specifically states
         that this registration statement shall thereafter become
         effective in accordance with Section 8(a) of the Securities Act of 1933
         or until the registration statement shall become effective on such date
         as the Commission, acting pursuant to said Section 8(a), may
         determine."

If you have any questions concerning this letter, please do not hesitate to
contact me at (214) 953-6107.

Sincerely,



/s/ JEFFREY M. SONE

Jeffrey M. Sone, counsel
for and on behalf of
American Realty Investors, Inc.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
