<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Centex Development Company L.P.'s September 30, 1995, Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000818764 <NAME> CENTEX DEVELOPEMENT COMPANY L.P. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-START> APR-01-1995 <PERIOD-END> SEP-30-1995 <CASH> 1,361 <SECURITIES> 0 <RECEIVABLES> 8,031 <ALLOWANCES> 0 <INVENTORY> 95,287 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 104,679 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 43,441 <TOTAL-LIABILITY-AND-EQUITY> 104,679 <SALES> 10,239 <TOTAL-REVENUES> 10,239 <CGS> 10,258 <TOTAL-COSTS> 10,258 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (19) <INCOME-TAX> 0 <INCOME-CONTINUING> (19) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (19) <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00