<ARTICLE> 5 <CIK> 0000099235 <NAME> TRANSCO REALTY TRUST <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 10,009 <SECURITIES> 0 <RECEIVABLES> 85,011 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,442,019 <CURRENT-LIABILITIES> 1,588,456 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,000,000 <COMMON> 4,147,196 <OTHER-SE> (5,293,633) <TOTAL-LIABILITY-AND-EQUITY> 1,442,019 <SALES> (632,708) <TOTAL-REVENUES> (632,708) <CGS> 0 <TOTAL-COSTS> 105,036 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,234 <INCOME-PRETAX> 0 <INCOME-TAX> (650,744) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> (1.22) <EPS-DILUTED> (1.22)