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                                                                    EXHIBIT 23.1



                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


         As independent public accountants, we hereby consent to the
incorporation by reference in this Registration Statement on Form S-3 of our
reports, each dated May 16, 2000, which appear at page 66 and page 105,
respectively, of the Joint Annual Report on Form 10-K of Centex Corporation and
Subsidiaries, 3333 Holding Corporation and Subsidiary and Centex Development
Company, L.P. and Subsidiaries for the year ended March 31, 2000, and to all
references to our firm included in this Registration Statement on Form S-3.


                                                     ARTHUR ANDERSEN LLP

Dallas, Texas
January 31, 2001


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