<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTEX DEVELOPMENT COMPANY, L.P.'S JUNE 30, 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> 6-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 17,758 <SECURITIES> 0 <RECEIVABLES> 18,055 <ALLOWANCES> 0 <INVENTORY> 351,405 <CURRENT-ASSETS> 0 <PP&E> 4,356 <DEPRECIATION> 332 <TOTAL-ASSETS> 433,610 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 65,600 <TOTAL-LIABILITY-AND-EQUITY> 433,610 <SALES> 169,799 <TOTAL-REVENUES> 169,799 <CGS> 168,076 <TOTAL-COSTS> 168,076 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,723 <INCOME-TAX> 572 <INCOME-CONTINUING> 1,151 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,151 <EPS-BASIC> 0.00 <EPS-DILUTED> 0.00