<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX
DEVELOPMENT COMPANY, L.P.'S SEPTEMBER 30, 2000, FORM 10-Q 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>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-START>                             APR-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                           5,966
<SECURITIES>                                         0
<RECEIVABLES>                                   12,680
<ALLOWANCES>                                         0
<INVENTORY>                                    373,076
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,830
<DEPRECIATION>                                     656
<TOTAL-ASSETS>                                 508,136
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      75,583
<TOTAL-LIABILITY-AND-EQUITY>                   508,136
<SALES>                                        141,757
<TOTAL-REVENUES>                               141,757
<CGS>                                          141,263
<TOTAL-COSTS>                                  141,263
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    494
<INCOME-TAX>                                        57
<INCOME-CONTINUING>                                437
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       437
<EPS-BASIC>                                       0.00
<EPS-DILUTED>                                     0.00