<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)
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<CHANGES>                                            0
<NET-INCOME>                                      (19)
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