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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>0001209191-04-013724.txt : 20040302
<SEC-HEADER>0001209191-04-013724.hdr.sgml : 20040302
<ACCEPTANCE-DATETIME>20040302163955
ACCESSION NUMBER:		0001209191-04-013724
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:			CENTEX CORP
		CENTRAL INDEX KEY:			0000018532
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09625
		FILM NUMBER:		04643230

	BUSINESS ADDRESS:	
		STREET 1:		2728 N HARWOOD
		STREET 2:		-
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-981-5000

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

	FORMER NAME:	
		FORMER CONFORMED NAME:	CENTEX CONSTRUCTION CO INC
		DATE OF NAME CHANGE:	19681211
</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>0000018532</rptOwnerCik>
            <rptOwnerName>CENTEX CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2728 N. HARWOOD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</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>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>900.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>As general partner of Centex Development Co LP</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Warrants to purchase Class B Partnership Units of Centex Development Company, L.P. (&quot;CDC&quot;), formerly traded in tandem with the Common Stock of Centex Corporation (&quot;Centex&quot;).  Pursuant to a Nominee Agreement dated November 30, 1987, as amended, each person who was the beneficial owner of shares of Centex common stock was also the beneficial owner of an undivided interest in 900 warrants 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 owned divided by the total number of outstanding shares of Centex common stock.  3333 Development Corporation reports transactions related to the warrants of which it may be deemed to be the beneficial owner by virtue of its being the general partner of CDC.  The Nominee Agreement was terminated o
n February 29, 2004.</footnote>
        <footnote id="F2">The warrants were disposed of pursuant to 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 on the effective date, February 29, 2004, in exchange for a cash payment to the beneficial holders thereof.  The reporting person received no consideration for the disposal of the warrants since its beneficial ownership was based solely on its status as general partner of CDC.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Raymond G. Smerge</signatureName>
        <signatureDate>2004-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>

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