UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Hirsch, Laurence E.
Centex Corporation
2728 N. Harwood, 9th Floor
Dallas, TX 75201-1516
2. Issuer Name and Ticker or Trading Symbol
Centex Corporation (CTX)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
03/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Chairman of the Board and
Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 03/08/00 P 9,000 A $17.9958 D Direct
Common Stock 03/09/00 P 15,000 A $17.6250 D Direct
Common Stock 03/09/00 P 12,000 A $17.7500 408,500 D Direct
Common Stock 4,588 I by 401(k) Plan
Common Stock 240,000 I by Family Ltd Ptr
shp
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Convertible Subordinated Note $5.2500 03/01/95
Due 2000
Convertible Subordinated Note $5.2500 05/28/99 J (1) V $2,100,000.00 03/01/95
Due 2000
Convertible Subordinated Note $5.2500 05/28/99 J (1) V $2,100,000.00 05/28/99 03/31/10
Due 2010
Non-Qualified Stock Option $17.5625 04/01/07
(right to buy)
Non-Qualified Stock Option $36.0600 04/01/09
(right to buy)
Non-Qualified Stock Option $38.6875 04/01/08
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Convertible Subordinated Note Common Stock 400,000 D Direct
Due 2000
Convertible Subordinated Note 05/28/99 Common Stock 400,000 $0.00 D Direct
Due 2000
Convertible Subordinated Note 05/28/99 Common Stock 400,000 $2,100,000.00 D Direct
Due 2010
Non-Qualified Stock Option Common Stock 213,300 213,300 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 216,000 216,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 216,000 216,000 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
The Convertible Subordinated Note Due 2000, with a maturity date of March 1, 2000, was canceled, and Centex Corporation issued Mr.
Hirsch a new Convertible Subordinated Note Due 2010 with the same terms as the Convertible Subordinated Note Due 2000, but with a
maturity date of March 31, 2010.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ Hirsch, Laurence E.
DATE 04/08/00
