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Filed Pursuant to Rule 424(b)(3)
Registration File Nos. 33-61223 and 333-65217
Pricing Supplement No. 3 dated November 17, 1998
(To Prospectus Supplement dated November 13, 1998 and Prospectus dated October
21, 1998)
CENTEX CORPORATION
Senior Medium-Term Notes, Series A
Floating Rate Notes
Principal Amount: $10,000,000
CUSIP No.: 15231E AC 2
Type: Regular Floating Rate
Interest Rate Basis: 3 month LIBOR
Designated LIBOR Page: Telerate 3750
Initial Interest Rate: 6.05%
Original Issue Date: November 20, 1998
Stated Maturity: May 19, 2000
Price to Public (Issue Price per
$100 Principal Amount): $100.00
Agent's Discount or Commission: $15,000
Net Proceeds to Centex: $9,985,000
Spread: 80 Basis Points
Interest Rate Reset Period: Quarterly
Interest Reset Dates and Payment February 19, May 19, August 19,
Dates: November 19
(commencing February 19, 1999)
This Pricing Supplement relates to the original issuance and sale by
Centex Corporation of the Senior Medium-Term Notes, Series A, described herein
through First Chicago Capital Markets, Inc., as Agent.
We may issue Senior Medium-Term Notes, Series A, and Subordinated
Medium-Term Notes, Series A, under Registration Statement Nos. 33-61223 and
333-65217 in a principal amount of up to $200,000,000 in gross proceeds and, to
date, including this offering, an aggregate of $75,000,000 has been issued.