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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 Amendment No. 2 to Form S-3 (No. 333-49966) of our report
dated May 16, 2000, included in 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 Amendment No. 2 to Form
S-3 (No. 333-49966).






                                           ARTHUR ANDERSEN LLP




Dallas, Texas,
December 5, 2000