Pricing Supplement No. 3 for Centex Corporation
 

Filed Pursuant to Rule 424(b)(3)
Registration File No. 333-49966

Pricing Supplement No. 3 dated December 4, 2001
(To Prospectus Supplement dated March 22, 2001 and Prospectus dated December 7, 2000)

CENTEX CORPORATION

Senior Medium-Term Notes, Series E
Floating Rate Notes

         
Principal Amount:
   $25,000,000
CUSIP No.:
   15231EBH0
Type:
   Regular Floating Rate
Interest Rate Basis:
   3 month LIBOR
Designated LIBOR Page:
   Telerate 3750
Initial Interest Rate:
   4.03125%
Original Issue Date:
   December 7, 2001
Stated Maturity:
   December 1, 2006
Price to Public (Issue Price per $1,000 Principal Amount):
   100.00%
Agent’s Discount or Commission:
   $125,000
Net Proceeds to Centex:
   $24,875,000
Spread:
   +205 Basis Points
Interest Rate Reset Period:
   Quarterly
Interest Determination Dates:
   Two London Business Days prior
 
   to each Interest Reset Date
Interest Payment and Reset Dates:
   March 1, June 1,
 
   September 1, December 1
 
   (commencing March 1, 2002)

        This Pricing Supplement relates to the original issuance and sale by Centex Corporation of the $25,000,000 Senior Medium-Term Notes, Series E (the “Notes”), described herein through Credit Suisse First Boston Corporation, as agent. It is expected that delivery of the Notes will be made against payment therefor on or about December 7, 2001.

        We may issue Senior Medium-Term Notes, Series E, and Subordinated Medium-Term Notes, Series E, under Registration Statement No. 333-49966 in a principal amount of up to $500,000,000 in gross proceeds and, to date, including this offering, an aggregate of $167,000,000 has been issued.