In this paper, we propose an efficient multi-view images coding algorithm to find the optimal depth and texture from the set of multi-view images. The proposed algorithm consists of two consecutive steps, i) the depth estraction step, and ii) the texture extraction step, comparedwith the traditional algorithem which finds the depth and texture concurrently. The X-Y plane of the normalized object space is divided into traingular paatches and the Z value of the node is determined in the first step and then the texture of the each patch is extracted in the second step. In the depth extraction step, the depth of the node is determined by applying the block based disparity compensation method to the windowed area centered at the node. In the second step, the texture of the traingular patches is extracted from the multi-view images by applying the affine transformation based disparity compensation method to the traingular pateches with the depth extracted from the first step. Experimental results show that the SNR(Singnal-to- Noise Ratio) of images enconded by our algorithm is better than that of images encoded by the traditional algorithm by the amount about 4dB for for the test sets of multi-view images called dragon, kid, city and santa.