Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Richter Scott James
2. Date of Event Requiring Statement (Month/Day/Year)
07/10/2008
3. Issuer Name and Ticker or Trading Symbol
CENTEX CORP [CTX]
(Last)
(First)
(Middle)
C/O CENTEX CORPORATION, 2728 N. HARWOOD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP-Ops Support, Centex Homes
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75201
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 8,099
D
 
Common Stock Units (1) 593
D
 
CommonStock Units (2) 5,216
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)   (3) 04/01/2010 Common Stock (Par Value $0.25) 1,000 $ 10.7156 D  
Non-Qualified Stock Option (Right to Buy)   (4) 04/14/2010 Common Stock (Par Value $0.25) 4,022 $ 31.8364 D  
Non-Qualified Stock Option (Right to Buy)   (5) 05/14/2011 Common Stock (Par Value $0.25) 8,905 $ 45.24 D  
Non-Qualified Stock Option (Right to Buy)   (6) 05/12/2012 Common Stock (Par Value $0.25) 12,700 $ 57.36 D  
Non-Qualified Stock Option (Right to Buy)   (7) 05/11/2013 Common Stock (Par Value $0.25) 3,222 $ 55.16 D  
Non-Qualified Stock Option (Right to Buy)   (8) 05/10/2014 Common Stock (Par Value $0.25) 14,298 $ 45.53 D  
Non-Qualified Stock Option (Right to Buy)   (8) 05/07/2015 Common Stock (Par Value $0.25) 37,926 $ 22.08 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Richter Scott James
C/O CENTEX CORPORATION
2728 N. HARWOOD
DALLAS, TX 75201
      EVP-Ops Support, Centex Homes  

Signatures

/s/ James R. Peacock III as attorney-in-fact for Scott J. Richter 07/14/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This amount represents the right to receive one share of Centex common stock at the time the award is paid. This award will vest on 3/31/09.
(2) This amount represents the right to receive one share of Centex common stock at the time the award is paid. This award will vest as follows: 33 1/3% on 3/31/09, 33 1/3% on 3/31/10 and 33 1/3% on 3/31/11.
(3) This award vested as follows: 20% on 4/1/00, 20% on 4/1/01, 20% on 4/1/02, 20% on 4/1/03 and 20% on 4/1/04.
(4) This award vested as follows: 8.25% per quarter in fiscal 2004, 8.25% per quarter in fiscal 2005 and 8.50% per quarter in fiscal 2006.
(5) This award vested as follows: 8.25% per quarter in fiscal 2005, 8.25% per quarter in fiscal 2006 and 8.50% per quarter in fiscal 2007.
(6) This award vested as follows: 8.25% per quarter in fiscal 2006, 8.25% per quarter in fiscal 2007 and 8.50% per quarter in fiscal 2008.
(7) This award vested as follows: 33 1/3% on 3/31/07 and 33 1/3% on 3/31/08 and the final 33 1/3% will vest on 3/31/09.
(8) This award will vest as follows: 33 1/3% on 3/31/09, 33 1/3% on 3/31/10 and 33 1/3% on 3/31/11.

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