<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>dex991.txt
<DESCRIPTION>CERTIFICATION
<TEXT>
<PAGE>

                                                                    EXHIBIT 99.1

                Certification Pursuant to 18 U.S.C. Section 1350,
      as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002



In connection with the Quarterly Report of Income Opportunity Realty Investors,
Inc. (the "Company"), on Form 10-Q for the period ended June 30, 2002, as filed
with Securities Exchange Commission on the date hereof (the "Report"), I, Ronald
E. Kimbrough, Executive Vice President and Chief Financial Officer, Principal
Financial and Accounting Officer and Acting Principal Executive Officer of the
Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that:

1.     The Report fully complies with the requirements of section 13(a) or 15(d)
       of the Securities Exchange Act of 1934; and

2.     The information contained in the Report fairly presents, in all material
       respects, the financial condition and result of operations of the
       Company.





Date:   August 14, 2002                          /s/ Ronald E. Kimbrough
     ------------------------                 ----------------------------------
                                              Ronald E. Kimbrough
                                              Executive Vice President
                                              and Chief Financial Officer
                                              (Principal Financial and
                                              Accounting Officer and
                                              Acting Principal Executive Officer

                                       24

</TEXT>
</DOCUMENT>
