<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX
DEVELOPMENT COMPANY, L.P.'S MARCH 31, 2000, FORM 10-K AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

<CIK> 0000818764
<NAME> CENTEX DEVELOPMENT COMPANY, L.P.
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-2000
<PERIOD-START>                             APR-01-1999
<PERIOD-END>                               MAR-31-2000
<CASH>                                          58,298
<SECURITIES>                                         0
<RECEIVABLES>                                   21,079
<ALLOWANCES>                                         0
<INVENTORY>                                    328,928
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,970
<DEPRECIATION>                                     489
<TOTAL-ASSETS>                                 515,188
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      72,286
<TOTAL-LIABILITY-AND-EQUITY>                   515,188
<SALES>                                        378,199
<TOTAL-REVENUES>                               378,199
<CGS>                                          372,782
<TOTAL-COSTS>                                  372,782
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  5,417
<INCOME-TAX>                                     3,834
<INCOME-CONTINUING>                              1,583
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,583
<EPS-BASIC>                                       0.00
<EPS-DILUTED>                                     0.00