<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX
DEVELOPMENT COMPANY, L.P.'S DECEMBER 31, 1999, FORM 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000818764
<NAME> CENTEX DEVELOPMENT COMPANY, L.P.
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-2000
<PERIOD-START>                             APR-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                          24,278
<SECURITIES>                                         0
<RECEIVABLES>                                   16,235
<ALLOWANCES>                                         0
<INVENTORY>                                    369,643
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,923
<DEPRECIATION>                                     421
<TOTAL-ASSETS>                                 455,490
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<TOTAL-LIABILITY-AND-EQUITY>                   455,490
<SALES>                                        249,249
<TOTAL-REVENUES>                               249,249
<CGS>                                          247,603
<TOTAL-COSTS>                                  247,603
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  1,646
<INCOME-TAX>                                       601
<INCOME-CONTINUING>                              1,045
<DISCONTINUED>                                       0
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<NET-INCOME>                                     1,045
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