<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Centex
Development Company, L.P.'s September 30, 1994, 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>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-START>                             APR-01-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                             913
<SECURITIES>                                         0
<RECEIVABLES>                                    1,734
<ALLOWANCES>                                         0
<INVENTORY>                                    118,988
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<OTHER-SE>                                      63,168
<TOTAL-LIABILITY-AND-EQUITY>                   121,635
<SALES>                                          4,174
<TOTAL-REVENUES>                                 4,174
<CGS>                                            4,589
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<INCOME-PRETAX>                                  (415)
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