<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX
DEVELOPMENT COMPANY, L.P.'S JUNE 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>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-START>                             APR-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                          10,073
<SECURITIES>                                         0
<RECEIVABLES>                                   16,044
<ALLOWANCES>                                         0
<INVENTORY>                                    340,098
<CURRENT-ASSETS>                                     0
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<DEPRECIATION>                                     543
<TOTAL-ASSETS>                                 478,177
<CURRENT-LIABILITIES>                                0
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<COMMON>                                           500
<OTHER-SE>                                      73,367
<TOTAL-LIABILITY-AND-EQUITY>                   478,177
<SALES>                                         71,116
<TOTAL-REVENUES>                                71,116
<CGS>                                           69,965
<TOTAL-COSTS>                                   69,965
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  1,151
<INCOME-TAX>                                       646
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