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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001209191-04-013678.txt : 20040302
<SEC-HEADER>0001209191-04-013678.hdr.sgml : 20040302
<ACCEPTANCE-DATETIME>20040302154325
ACCESSION NUMBER:		0001209191-04-013678
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040229
FILED AS OF DATE:		20040302

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTEX DEVELOPMENT CO LP
		CENTRAL INDEX KEY:			0000818764
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				752168471
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		2728 N. HARWOOD
		STREET 2:		-
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219
		BUSINESS PHONE:		214-981-6770

	MAIL ADDRESS:	
		STREET 1:		PO BOX 199000
		STREET 2:		-
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LOW JOSIAH O III
		CENTRAL INDEX KEY:			0001016215

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09625
		FILM NUMBER:		04642743

	BUSINESS ADDRESS:	
		STREET 1:		877 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10172
		BUSINESS PHONE:		2128923000

	MAIL ADDRESS:	
		STREET 1:		277 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10172
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-02-29</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000818764</issuerCik>
        <issuerName>CENTEX DEVELOPMENT CO LP</issuerName>
        <issuerTradingSymbol>CTX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001016215</rptOwnerCik>
            <rptOwnerName>LOW JOSIAH O III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 CEDAR CLIFF RD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RIVERSIDE</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06878</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Warrants to Purchase Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2004-02-29</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>0.0580</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0100</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Centex Development Company, L.P. (&quot;CDC&quot;) formerly traded in tandem with Centex Corporation.  The reporting person's title was that for 3333 Development Corporation, the general partner of CDC.  Pursuant to a Nominee Agreement dated November 30, 1987 (as amended, the &quot;Nominee Agreement&quot;), each person who is the beneficial owner of shares of Centex Corporation (&quot;Centex&quot;) common stock was also the beneficial owner of an undivided interest in 900 warrants (&quot;Warrants&quot;) to purchase Class B Units of limited partnership interest in CDC at an exercise price of $500 per Class B Unit, which Warrants were held of record by a nominee.  Each beneficial owner's proportionate interest in the Warrants was based on the number of shares of Centex common stock that he owns divided by the total number of outstanding shares of Centex common stock.  The Nominee Agreement was terminated on February 29, 2004.</footnote>
        <footnote id="F2">The Warrants were disposed of pursuant to the effectiveness of the merger described in that certain Agreement and Plan of Merger by and among Centex Development Company, L.P., 3333 Development Corporation, Centex Corporation, Centex Development Acquisition, L.P. and Centex Homes dated November 17, 2003, which caused the cancellation of the Warrants.  The .0580 shares represent fractional ownership of CDC as a result of the reporting person's ownership of 4,000 shares of common stock of Centex Corporation.  In the merger, for their interest in the Warrants, stockholders received merger consideration in an amount equal to $.01 per share of Centex common stock.  The reporting person received an amount equal to $.01 per share of Centex Common stock for the disposal of the reporting person's interest in the Warrants.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/Josiah O. Low, III</signatureName>
        <signatureDate>2004-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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