3333 HOLDING CORP
4, 1996-09-06
REAL ESTATE
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16. 
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Low, Josiah O.
   277 Park Avenue
   New York, NY  10172
   USA
2. Issuer Name and Ticker or Trading Symbol
   3333 Holding Corporation
   trades in tandem with Centex Corporation - CTX
3. IRS or Social Security Number of Reporting Person (Voluntary)
   
4. Statement for Month/Year
   July 1996
5. If Amendment, Date of Original (Month/Year)
   July 1996
6. Relationship of Reporting Person to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other 
   (specify below)
   
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Year      |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock, par value $0.|7/30/9|P   | | .07 (1)          |A  |$28.125 (2)|.07                |D     |                           |
01 per share               |6     |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Year        |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Pursuant to a Nominee Agreement dated November 30, 1987, each person who is 
the beneficial owner of 
shares of Centex Corporation ("Centex") Common Stock is also the beneficial 
owner of an undivided interest in 
1,000 shares (the "Shares") of common stock of 3333 Holding Corporation, which 
Shares are held of record by 
Chemical Bank as successor nominee. Each beneficial owner's proportionate 
ownership of the shares is based 
on the number of Centex Common Stock he owns divided by the total number of 
shares of Centex Common Stock 
outstanding from time to time. Until the Nominee Agreement is terminated with 
respect to the Shares and 
certificates evidencing the Shares are issued in the name of the beneficial 
owners thereof, the Reporting Person 
has no right to obtain a certificate evidencing his beneficial interest in the 
Shares or to dispose of the Shares 
separate from Centex Common Stock. Computations set forth in this Form have 
been made using 28,509,726 
shares of Centex Common Stock outstanding as reported in Centex Corporation's 
Form 10-Q for fiscal quarter 
ending 
6/30/96.
(2) Per share of Common Stock of Centex 
Corporation.
SIGNATURE OF REPORTING PERSON
\s\ Josiah O. Low, III
DATE
August 26, 1996



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