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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 HxJxyIsFh10S2B4oG+pQdJSuwCz8FyWVDhAANegXMLjQCoPVtE9ZHO5ShN65Rln+
 7HLJ7Wvj/SN54xYbSll4fw==

<SEC-DOCUMENT>0001197201-03-000010.txt : 20030624
<SEC-HEADER>0001197201-03-000010.hdr.sgml : 20030624
<ACCEPTANCE-DATETIME>20030624160409
ACCESSION NUMBER:		0001197201-03-000010
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030623
FILED AS OF DATE:		20030624

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHULER JAMES K
		CENTRAL INDEX KEY:			0000903428
		STATE OF INCORPORATION:			HI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14122
		FILM NUMBER:		03755198

	BUSINESS ADDRESS:	
		STREET 1:		828 FORT ST MALL
		STREET 2:		4TH FL
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813
		BUSINESS PHONE:		8085215661

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HORTON D R INC /DE/
		CENTRAL INDEX KEY:			0000882184
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				752386963
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		STE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006
		BUSINESS PHONE:		8178568200

	MAIL ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		SUITE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-23</periodOfReport>
    <issuer>
        <issuerCik>0000882184</issuerCik>
        <issuerName>HORTON D R INC /DE/</issuerName>
        <issuerTradingSymbol>DHI</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId>
            <rptOwnerCik>0000903428</rptOwnerCik>
            <rptOwnerName>SCHULER JAMES K</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Senior Vice President</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-06-23</value></transactionDate><deemedExecutionDate><value>2003-06-23</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>25000</value></transactionShares><transactionValue><value>29.50</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value><footnoteId id="F1"/><footnoteId id="F2"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirec
tOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>JKS Partners, L.P.</value></natureOfOwnership></ownershipNature></nonDerivativeSecurity><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-06-23</value></transactionDate><deemedExecutionDate><value>2003-06-23</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5000</value></transactionShares><transactionValue><value>29.60</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value><footnoteId id="F1"/><footnoteId id="F2"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrI
ndirectOwnership><natureOfOwnership><value>JKS Partners, L.P.</value></natureOfOwnership></ownershipNature></nonDerivativeSecurity><footnotes><footnote id="F1">Table I: Following all the transactions listed on this Form 4, Mr. Schuler indirectly held additional shares of common stock of DHI as follows: (i) 4,881,974 shares held by JKS Partners, L.P., (ii) 336,950 shares held by The Schuler Family Foundation, formerly known as the James &amp;amp; Patricia Schuler Foundation, and (iii) 62,156 shares held by the James K. Schuler Revocable Living Trust. At this date, Mr. Schuler also directly held 6,700 shares of common stock of DHI.</footnote><footnote id="F2">Table II:  As of this date, Mr. Schuler has the following direct ownership in derivative securities (i) Employee Stock Option (right to buy), 22,425 stock options with 22,425 shares of common stock underlying these options, at an exericse price of $9.4093, with a 02/21/2002 exercisable date and a 11/21/2010 expiration date (on 02/21/2002, 7,000 options we
re vested and 468 options vest on the 21st day of each month thereafter, with 14,484 options having vested as of this date), (ii) Call Option (obligation to sell), 270,000 shares of common stock underlying the call options, exercisable by the optionee on 01/01/2003 and expiring on 10/01/2003 at an exercisable price of $5.00 per share.</footnote></footnotes><ownerSignature><signatureName>James K. Schuler</signatureName><signatureDate>2003-06-24</signatureDate></ownerSignature></ownershipDocument>

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