EXHIBIT 23.4 [Letterhead of Arthur Andersen LLP] CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation by reference in this Amendment No. 1 to Registration Statement on Form S-3, No. 333-57193, of our reports incorporated by reference in D.R. Horton Inc.'s Form 8-K, dated June 5, 1998, and to all references to our firm included in this Registration Statement. /s/ Arthur Andersen LLP Phoenix, Arizona June 25, 1998