In any wireless network, the same channel must be reused at spatially separated access points (APs) or base stations (BSs) and hence, the co-channel interference (CCI) limits the transmission quality. Therefore, it is very important to reuse the channels so as to minimize the CCIs. We recently proposed an interference-aware channel segregation based dynamic channel assignment (IACS-DCA), which can form a stable channel reuse pattern in a distributed manner. The use of transmit power control (TPC) can avoid the excessive transmit power and hence, contributes to reducing the CCI. An interesting question is if the IACS-DCA can form a stable channel reuse pattern when TPC is used. In this paper, we give an answer to this question and show by computer simulation that a stable channel reuse pattern can be formed even if TPC is used and that the transmit power can be significantly reduced.