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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 A8rJ729ldERv/zr4bpfdGj7mus2ZCLk2nniA8xonZku4KrabOvKpKYBzVPRD/Fkl
 BMpMNRhdfXeVKeIXT8R8Zg==

<SEC-DOCUMENT>0001197201-03-000018.txt : 20030821
<SEC-HEADER>0001197201-03-000018.hdr.sgml : 20030821
<ACCEPTANCE-DATETIME>20030821144343
ACCESSION NUMBER:		0001197201-03-000018
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030820
FILED AS OF DATE:		20030821

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:		03859945

	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>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-20</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>828 FORT STREET MALL, FOURTH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HONOLULU,</rptOwnerCity>
            <rptOwnerState>HI</rptOwnerState>
            <rptOwnerZipCode>96813</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Senior Vice President</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-20</value></transactionDate><deemedExecutionDate><value>2003-08-20</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>19500</value></transactionShares><transactionPricePerShare><value>30.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNatur
e><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By The Schuler Family Foundation</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-20</value></transactionDate><deemedExecutionDate><value>2003-08-20</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>200</value></transactionShares><transactionPricePerShare><value>30.01</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwner
ship><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By The Schuler Family Foundation</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-20</value></transactionDate><deemedExecutionDate><value>2003-08-20</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>300</value></transactionShares><transactionPricePerShare><value>30.02</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></d
irectOrIndirectOwnership><natureOfOwnership><value>By The Schuler Family Foundation</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><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) 4,591,974 shares held by JKS Partners, L.P., (ii) 266,950 shares held by The Schuler Family Foundation, formerly known as the James &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. Mr. Schuler's ownership of derivative securities of DHI is set forth in under &quot;Remark 1&quot; below.</footnote></footnotes><remarks>Remark 1: Derivative Securities: As of this date, Mr. Schuler has the following direct ownership of derivative securities of DHI (i) Employee Stock Option (right to buy), 22,425 stock options with 22,425 sh
ares of common stock underlying these options, at an exercise price of $9.4093, with a February 21, 2002 grant date and a November 21, 2010 expiration date (on February 21, 2002, 7,000 options were vested and 468 options will vest on the 21st day of each month thereafter, with 15,420 options having vested as of August 21, 2003), and (ii) Call Option (obligation to sell), 270,000 shares of common stock underlying this Call Option, exercisable by the optionee on January 1, 2003 and expiring on October 1, 2003, and having an excercise price of $5.00 per share.</remarks><ownerSignature><signatureName>James K. Schuler</signatureName><signatureDate>2003-08-21</signatureDate></ownerSignature></ownershipDocument>

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