<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX DEVELOPMENT COMPANY, L.P.'S SEPTEMBER 30, 1998, FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000818764 <NAME> CENTEX DEVELOPMENT CO LP <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 308 <SECURITIES> 0 <RECEIVABLES> 4,012 <ALLOWANCES> 0 <INVENTORY> 75,741 <CURRENT-ASSETS> 0 <PP&E> 169 <DEPRECIATION> 132 <TOTAL-ASSETS> 87,329 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 500 <OTHER-SE> 56,774 <TOTAL-LIABILITY-AND-EQUITY> 87,329 <SALES> 13,732 <TOTAL-REVENUES> 13,732 <CGS> 13,297 <TOTAL-COSTS> 13,297 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 435 <INCOME-TAX> 0 <INCOME-CONTINUING> 435 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 435 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00