<PAGE>

                                                               CENTEX EXHIBIT 21

                          CENTEX CORPORATION ("Centex")
                      3333 HOLDING CORPORATION ("Holding")
                                       and
                    CENTEX DEVELOPMENT COMPANY, L.P. ("CDC")
                        Subsidiaries as of March 31, 2003

<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

21 HOUSING COMPANY, LLC                                              Delaware           100.00                  100.00
3333 DEVELOPMENT CORPORATION                                          Nevada                        100.00      100.00
AAA HOLDINGS, INC.                                                   Delaware           100.00                  100.00
                                                                      United                                         0
ABC HOMES LIMITED                                                     Kingdom            50.00                   50. 0
ADFINET, INC.                                                         Nevada            100.00                  100.00
ADFITECH, INC.                                                        Nevada            100.00                  100.00
      Affiliated Advanced Technology, Inc.
      Xsequor
ALAMEDA POINT COMMUNITY PARTNERS, LLC                                Delaware            14.99                   14.99
AMERICAN GYPSUM COMPANY                                              Delaware            65.10                   65.10
AMERICAN GYPSUM MARKETING COMPANY                                    Delaware            65.10                   65.10
      American Gypsum Marketing Company, Inc.
AMERICAN LANDMARK MORTGAGE, LTD.                                      Florida            50.01                   50.01
ARMOR INSURANCE COMPANY                                               Vermont           100.00                  100.00
ASHLEY TURNER FINANCE, L.P.                                            Texas             50.01                   50.01
AT-HOME MORTGAGE ASSOCIATES, LTD.                                     Florida            50.01                   50.01
A.W. MORTGAGE, L.P.                                                    Texas             50.01                   50.01
BANYAN FINANCIAL OF CENTRAL FLORIDA, L.P.                              Texas             50.01                   50.01
      Banyan Financial, L.P.
BARRINGTON CARPET, LLC                                               Delaware           100.00                  100.00
BATCHELLORS FOREST, LLC                                              Delaware            49.98                   49.98
BATESON DAILEY, A JOINT VENTURE                                      Michigan            65.00                   65.00
BENEFIT ASSET MANAGEMENT CORPORATION                                California          100.00                  100.00
BENICIA CS DEVELOPERS, LLC                                           Delaware            49.98                   49.98
BENICIA CS LENDERS, LLC                                              Delaware            49.98                   49.98
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

BUILDER'S HOME MORTGAGE, L.P.                                        Washington          50.01                   50.01
CALIFORNIA HOME MORTGAGE, L.P.                                          Texas            50.01                   50.01
CAVCO INDUSTRIES, LLC                                                 Delaware          100.00                  100.00
      Cavco Texas, LLC
CAVCO INDUSTRIES, INC.                                                Delaware          100.00                  100.00
CC DENTON MOB, L.P.                                                   Delaware           49.48        0.50       49.98       49.98
CC DESOTO CLINIC, LLC                                                 Tennessee          24.74        0.25       24.99       24.99
CC DESOTO, LLC                                                        Delaware           49.48        0.50       49.98       49.98
CC LEWISVILLE MOB, L.P.                                               Delaware           24.74        0.25       24.99       24.99
CC PALESTINE MOB, LP                                                  Delaware           49.48        0.50       49.98       49.98
CCP CEMENT COMPANY                                                     Nevada            65.10                   65.10
CCP CONCRETE/AGGREGATES COMPANY                                        Nevada            65.10                   65.10
CCP GYPSUM COMPANY                                                     Nevada            65.10                   65.10
CCP LAND COMPANY                                                       Nevada            65.10                   65.10
CDC2020 PLC                                                            United            98.95        1.00       99.95       99.95
                                                                       Kingdom
CDMC HOLDING, INC.                                                     Nevada           100.00                  100.00
CENTEX-3D/I, A JOINT VENTURE                                            Texas            90.00                   90.00
CENTEX-AIM CONSTRUCTION, L.L.C.                                       Michigan           80.00                   80.00
CENTEX ATLANTIC, LLC                                                  Delaware          100.00                  100.00
CENTEX BUILDING SERVICES, INC.                                         Nevada           100.00                  100.00
CENTEX CAMARILLO BUSINESS CENTER, LLC                                 Delaware           84.80        0.86       85.66       85.66
CENTEX CEMENT CORPORATION                                              Nevada            65.10                   65.10
CENTEX COMMERCIAL DEVELOPMENT, LLC                                    Delaware           98.95        1.00       99.95       99.95
      Centex Commercial Development GP, LLC
CENTEX COMMERCIAL DEVELOPMENT, L.P.                                   Delaware           98.95        1.00       99.95       99.95
   Centex Commercial Development, Limited Partnership
   Centex Commercial Development of North Carolina,
      Limited Partnership
CENTEX CONCORD                                                        Tennessee          50.00                   50.00
CENTEX CONCORD PROPERTY MANAGEMENT, L.L.C.                            Tennessee          50.00                   50.00
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX CONSTRUCTION COMPANY, INC.                                     Nevada            100.00                 100.00
   Centex Facility Services
   Centex Facilities Services
   Centex Technology Construction Group Mid-Atlantic
       Division
   Centex Technology Construction Group
       Southwest Division
    CTX Construction Company
CENTEX CONSTRUCTION GROUP, INC.                                       Nevada            100.00                 100.00
CENTEX CONSTRUCTION GROUP SERVICES, LLC                              Delaware           100.00                 100.00
CENTEX CONSTRUCTION PRODUCTS, INC.                                   Delaware            65.10                  65.10
   Texas-Lehigh Cement Company
CENTEX DEVELOPMENT COMPANY, L.P.                                     Delaware            98.95       1.00       99.95
   CDC, LP
   Centex Development Company, Limited Partnership
   Centex Homes
   Centex Homes, New Jersey Division
CENTEX DEVELOPMENT COMPANY UK LIMITED                                 United             98.95       1.00       99.95       99.95
                                                                      Kingdom
CENTEX DEVELOPMENT FUNDING COMPANY UK                                 United             98.95       1.00       99.95       99.95
LIMITED                                                               Kingdom
CENTEX DEVELOPMENT/LIVING STONE                                      Delaware            98.95       1.00       99.95       99.95
HOMEBUILDING, L.P.
CENTEX DEVELOPMENT MANAGEMENT COMPANY                                 Nevada            100.00                 100.00
CENTEX DOMINION PARK, L.P.                                           Delaware            98.85       1.00       99.85       99.85
   Dominion Park
CENTEX ENGINEERING & CONSTRUCTION, INC.                               Nevada            100.00                 100.00
   Centex Engineering & Construction
   Centex Technology Construction Group Midwest Division
CENTEX ENGLE JOINT VENTURE, A FLORIDA GENERAL                         Florida            49.98                  49.98
PARTNERSHIP
CENTEX EQUITY CORPORATION                                             Nevada            100.00                 100.00
CENTEX/F&S, L.L.C.                                                   Delaware           100.00                 100.00
CENTEX FINANCIAL SERVICES, INC.                                       Nevada            100.00                 100.00
CENTEX/FPC, L.L.C.                                                   Delaware           100.00                 100.00
CENTEX FUNDING COMPANY, LLC                                          Delaware            98.95       1.00       99.95       99.95
CENTEX-GILFORD, A JOINT VENTURE                                      Virginia            79.58                  79.58
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX-GILFORD, A JOINT VENTURE II                                   Virginia            88.00                  88.00
CENTEX GOLDEN CONSTRUCTION COMPANY                                    Nevada            100.00                 100.00
CENTEX HARWOOD GENERAL PARTNER, LLC                                  Delaware            98.95       1.00       99.95       99.95
CENTEX/HKS, CANYON, L.L.C.                                           Delaware           100.00                 100.00
CENTEX/HKS, L.L.C.                                                   Delaware           100.00                 100.00
CENTEX/HKS II, L.L.C.                                                Delaware           100.00                 100.00
CENTEX HOME EQUITY COMPANY, LLC                                      Delaware           100.00                 100.00
   Centex Home Equity
   Centex Home Equity Company
CENTEX HOME SERVICES COMPANY                                          Nevada            100.00                 100.00
   Centex HomeTeam Services
CENTEX HOMES                                                          Nevada             99.95                  99.95
   Centex Destination Properties
   Centex Development Company
   Centex Pools & Spas
   City Homes
   CityHomes
   CTX Builders Supply
   Fox & Jacob Homes
   Fox & Jacobs
   Fox & Jacobs by Centex
   Fox & Jacobs Homes
   Marquis Homes
   Marquis Mountain Homes
   Marquis Resort Homes
   Marquis Resort Homes by Centex
   New Homes Research Group
   Real Homes
   Riverwood Golf Club
   Teal Building Corporation
   Teal Homes
   Timbercreek Forest Products
   Vista Homes
   Vista Properties Company
   Wayne Homes
   Wayne Homes, a Division of Centex Homes
   Wayne Homes by Centex
CENTEX HOMES, INC.                                                     Texas            100.00                  100.00
CENTEX HOMES, LLC                                                    Delaware            99.95                   99.95
   Centex Homes
CENTEX HOMES INTERNATIONAL LIMITED                                    United            100.00                  100.00
                                                                      Kingdom
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX HOMES LIMITED                                                  United             98.95       1.00       99.95        99.95
                                                                      Kingdom
CENTEX HOMES MARKETING, INC.                                          Georgia           100.00                 100.00
   CTX Realty
CENTEX HOMES OF CALIFORNIA, LLC                                      Delaware            99.73                  99.73
CENTEX HOMES OF CALIFORNIA II, LLC                                   Delaware            99.73                  99.73
CENTEX HOMES REALTY COMPANY                                           Nevada            100.00                 100.00
CENTEX HOMES REALTY, INC.                                            Michigan           100.00                 100.00
CENTEX HOMES UK LIMITED                                               United             98.95       1.00       99.95        99.95
                                                                      Kingdom
CENTEX HOMETEAM LAWN CARE, LLC                                       Delaware           100.00                 100.00
   Certified Lawn Care
   HomeTeam Lawn Care
   King Green
   Turf Guard
CENTEX HOMETEAM SECURITY, INC.                                        Nevada            100.00                 100.00
   Apartment Protection Systems
   Apartment Protection Systems, Inc.
   Centex HomeTeam Security
   Centex HomeTeam Services
   Centex Security
   Centex Security, Inc.
   HomeTeam Alarms, Inc.
   HomeTeam Security
   HomeTeam Security, Inc.
   HomeTeam Services, Inc.
   Protection Systems, Inc.
CENTEX HOUSING RELIEF FUND                                             Texas            100.00                 100.00
CENTEX INDUSTRIAL BUCKEYE I, LLC                                     Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO I, LLC                                   Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO II, LLC                                  Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO III, LLC                                 Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO IV, LLC                                  Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO V, LLC                                   Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL CAMARILLO VI, LLC                                  Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL GATEWAY I, L.P.                                    Delaware            98.95       1.00       99.95        99.95
CENTEX INDUSTRIAL GENERAL PARTNER, LLC                               Delaware            98.95       1.00       99.95        99.95
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX INDUSTRIAL HILLTOP, L.P.                                      Delaware            84.11       0.85       84.96       84.96
CENTEX INDUSTRIAL NORTHFIELD I, LLC                                  Delaware            98.95       1.00       99.95       99.95
CENTEX INDUSTRIAL WESTLAKE I, LLC                                    Delaware            98.95       1.00       99.95       99.95
CENTEX INTERNATIONAL, INC.                                            Nevada            100.00                 100.00
CENTEX INTERNATIONAL, LLC                                            Delaware           100.00                 100.00
CENTEX INVESTMENT COMPANY, LLC                                       Delaware            98.95       1.00       99.95       99.95
CENTEX-KIRCO INDUSTRIAL STATE STREET 11-12, LLC                      Delaware            75.70       0.77       76.46       76.46
CENTEX-KIRCO INDUSTRIAL STATE STREET HOLDING,                        Delaware            75.70       0.76       76.46       76.46
LLC
CENTEX-KIRCO INDUSTRIAL SUMMIT I, LLC                                Delaware            98.95       1.00       99.95       99.95
CENTEX-KIRCO INDUSTRIAL WESTLAKE II, LLC                             Delaware            98.95       1.00       99.95       99.95
CENTEX-KIRCO INDUSTRIAL WESTLAKE III, LLC                            Delaware            81.39       0.82       82.21       82.21
CENTEX-KIRCO INDUSTRIAL WESTLAKE IV, LLC                             Delaware            81.39       0.82       82.21       82.21
CENTEX-KIRCO INDUSTRIAL WESTLAKE V, LLC                              Delaware            81.39       0.82       82.21       82.21
CENTEX-KIRCO INDUSTRIAL WESTLAKE VI, LLC                             Delaware            98.95       1.00       99.95       99.95
CENTEX-KIRCO INDUSTRIAL WESTLAKE VIII, LLC                           Delaware            81.39       0.82       82.21       82.21
CENTEX LAND HOLDINGS GENPAR, LLC                                     Delaware            99.95                  99.95
CENTEX LAND HOLDINGS, L.P.                                           Delaware            99.95                  99.95
CENTEX LAND INVESTMENTS, LLC                                         Delaware            98.95       1.00       99.95       99.95
CENTEX LAND INVESTMENTS II, LLC                                      Delaware            98.95       1.00       99.95       99.95
CENTEX LANDIS LIMITED LIABILITY COMPANY NO. 1                        Louisiana          100.00                 100.00
CENTEX LATIN AMERICA, INC.                                            Nevada            100.00                 100.00
CENTEX/LENNAR AT MARTIN'S CROSSING, LLC                               Florida            49.98                  49.98
CENTEX/LENNAR AT PORTOFINO ISLES, LLC                                 Florida            49.98                  49.98
CENTEX LIFE SOLUTIONS, INC.                                           Nevada            100.00                 100.00
CENTEX LOST CREEK RANCH, LLC                                         Delaware            99.95                  99.95
CENTEX MANAGEMENT SERVICES LIMITED                                    United             98.95       1.00       99.95       99.95
                                                                      Kingdom
CENTEX MANUFACTURED HOUSING GROUP, LLC                               Delaware           100.00                 100.00
</Table>


<PAGE>

<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX/MASHBURN, A JOINT VENTURE                                  North Carolina         65.00                   65.00
CENTEX MATERIALS GP LTD, LLC                                         Delaware            65.10                   65.10
CENTEX MATERIALS, LP                                                   Texas             65.10                   65.10
CENTEX MATERIALS LP LTD, LLC                                         Delaware            65.10                   65.10
   Centex Materials, LLC
CENTEX/MORRIS, L.L.C.                                                Delaware           100.00                  100.00
CENTEX/MORRIS II, L.L.C.                                             Delaware           100.00                  100.00
CENTEX MULTI-FAMILY COMMUNITIES, L.P.                                Delaware            98.95        1.00       99.95       99.95
   White Rock Apartment Homes
CENTEX MULTI-FAMILY COMMUNITIES, LLC                                 Delaware            98.95        1.00       99.95       99.95
CENTEX MULTI-FAMILY COMPANY                                           Nevada                        100.00      100.00
   Centex Multi-Family Development Company
CENTEX MULTI-FAMILY COMPANY, L.P.                                    Delaware            97.96        1.99       99.95       98.95
   Villas of Vista Ridge
CENTEX MULTI-FAMILY GENERAL PARTNER, LLC                             Delaware            98.95        1.00       99.95       99.95
CENTEX MULTI-FAMILY GENERAL PARTNER II, LLC                          Delaware            98.95        1.00       99.95       99.95
CENTEX MULTI-FAMILY II JOINT VENTURE                                   Texas             48.98       51.00       99.98       49.48
CENTEX MULTI-FAMILY INVESTMENTS, L.P.                                Delaware            98.95        1.00       99.95       99.95
CENTEX MULTI-FAMILY SHEFFIELD I, L.P.                                Delaware            96.98        2.97       99.95       97.96
CENTEX MULTI-FAMILY ST. PETE HOLDING COMPANY,                        Delaware            99.45        0.50       99.95       49.98
L.L.C.
CENTEX MULTI-FAMILY ST. PETE I, L.L.C.                               Delaware            98.95        1.00       99.95       99.95
CENTEX MULTI-FAMILY ST. PETE II, L.L.C.                              Delaware            98.95        1.00       99.95       99.95
   Verandahs of Brighton Bay
CENTEX MULTI-FAMILY UPPER LANDING, LLC                               Delaware            98.95        1.00       99.95       99.95
CENTEX NORTHFIELD INVESTMENT COMPANY I, L.P.                         Delaware            96.97        0.98       97.95       97.95
CENTEX OFFICE CITYMARK I GENERAL PARTNER, LLC                        Delaware            98.95        1.00       99.95       99.95
   Centex Development Office Citymark I General Partner,
       LLC
CENTEX OFFICE CITYMARK I, L.P.                                       Delaware            98.95        1.00       99.95       99.95
   Centex Development Office Citymark I, L.P.
CENTEX OFFICE GENERAL PARTNER, LLC                                   Delaware            98.95        1.00       99.95       99.95
   Centex Development Office General Partner, LLC
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX OFFICE SOUTHPOINTE I, L.P.                                    Delaware            98.95        1.00       99.95       99.95
CENTEX OFFICE SOUTHPOINTE II, L.L.C.                                 Delaware            99.48        0.50       99.98       49.98
CENTEX OFFICE VICEROY I, L.P.                                        Delaware           100.00                  100.00
   Centex Development Office Viceroy I, L.P.
CENTEX OFFICE VISTA RIDGE LEWISVILLE II, L.P.                        Delaware            98.95        1.00       99.95       99.95
CENTEX OFFICE VISTA RIDGE LEWISVILLE I, L.P.                         Delaware            98.95        1.00       99.95       99.95
   Centex Development Office Vista Ridge Lewisville I, L.P.
CENTEX/OMNIPLAN, L.L.C.                                              Delaware           100.00                  100.00
CENTEX/OMNIPLAN II, L.L.C.                                           Delaware           100.00                  100.00
CENTEX REAL ESTATE CONSTRUCTION COMPANY                               Nevada            100.00                  100.00
   CTX Builders Supply
CENTEX REAL ESTATE CORPORATION                                        Nevada            100.00                  100.00
   Centex Custom Homes
   Centex Homes
   Centex Homes, a Nevada general partnership
   Centex-Crosland Company
   Centex-Crosland Homes
   CTX Builders Supply
   Fox & Jacobs
   Fox & Jacobs Homes
   Marquis Mountain Homes
   Marquis Resort Homes
   Selective Homes
   The Selective Group
   Timbercreek Forest Products
   Vista Homes
   Wayne Homes
CENTEX REALTY, INC.                                                   Florida           100.00                  100.00
   Riverwood Properties
CENTEX RETAIL GENERAL PARTNER, LLC                                   Delaware            98.95        1.00       99.95       99.95
CENTEX RETAIL GENERAL PARTNER II, LLC                                Delaware            89.06        0.90       89.96       89.96
CENTEX RETAIL RIVERMARK INVESTMENT COMPANY I,                        Delaware            89.06        0.90       89.96       89.96
LLC
CENTEX RETAIL VISTA RIDGE I, L.P.                                    Delaware            89.06        0.90       89.96       89.96
CENTEX RETAIL VISTA RIDGE MARKETPLACE, L.P.                          Delaware            89.06        0.90       89.96       89.96
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX RODGERS, INC.                                                  Nevada            100.00                 100.00
   Centex Pharmaceutical/BioTech Group
   Centex Resource Group
   Centex Technology Construction Group Northeast
       Division
   Centex Technology Construction Group (West Coast
       Division)
CENTEX-ROONEY CONSTRUCTION CO., INC.                                  Florida           100.00                 100.00
   Centex Civil Construction
   Centex Rooney Facilities Group
CENTEX-ROONEY CONSTRUCTION CO.,                                       Florida            90.00                  90.00
INC./CONSTRUCT TWO CONSTRUCTION MANAGERS,
INC., A JOINT VENTURE
CENTEX ROONEY CONSTRUCTION CO., INC./HUBER,                           Florida            65.00                  65.00
HUNT & NICHOLS, INC., A JOINT VENTURE
CENTEX ROONEY CONSTRUCTION CO., INC./LANDIS                          Louisiana           70.00                  70.00
COMPANY, INC., A JOINT VENTURE
CENTEX ROONEY CONSTRUCTION CO., INC./RATTLER                          Florida            75.00                  75.00
CONSTRUCTION CONTRACTORS, INC., A JOINT
VENTURE
CENTEX-ROONEY CONSTRUCTION CO. OF GEORGIA,                           Delaware           100.00                 100.00
LLC
CENTEX ROONEY CONSTRUCTION COMPANY/ACI, A                             Florida            50.00                  50.00
JOINT VENTURE
CENTEX ROONEY/GRAY CONSTRUCTION, A JOINT                              Florida            85.00                  85.00
VENTURE
CENTEX ROONEY/HLM CORRECTIONAL DESIGN                                 Florida            70.00                  70.00
BUILDERS, LC
CENTEX ROONEY/KBJ DESIGN/BUILD, L.L.C.                               Delaware            90.00                  90.00
CENTEX ROONEY/LLT, A JOINT VENTURE                                    Florida            75.00                  75.00
CENTEX ROONEY MARINE, INC.                                            Florida           100.00                 100.00
CENTEX ROONEY/PGAL DESIGN BUILDERS, L.C.                              Florida            90.00                  90.00
CENTEX ROONEY/RS&H DESIGN BUILDERS, L.C.                              Florida            90.00                  90.00
CENTEX ROONEY/SCHENKEL SHULTZ                                         Florida            50.00                  50.00
DESIGN/BUILDERS, L.C.
CENTEX SCHAUMBERG INDUSTRIAL PARK, L.L.C.                            Illinois            20.00                  20.00
CENTEX/SCHENKEL SCHULTZ, L.L.C.                                      Delaware           100.00                 100.00
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CENTEX SEISMIC SERVICES, INC.                                         Nevada             95.00                   95.00
CENTEX SERVICE COMPANY                                                Nevada            100.00                  100.00
CENTEX/SHG, L.L.C.                                                   Delaware           100.00                  100.00
CENTEX/SICNER, LLC                                                   Delaware            90.00                   90.00
CENTEX/STARCENTER DEVELOPMENT COMPANY I, L.P.                        Delaware            98.95        1.00       99.95       99.95
CENTEX/STARCENTER GENERAL PARTNER, LLC                               Delaware            98.95        1.00       99.95       99.95
CENTEX STRATEGIC LAND LIMITED                                         United             98.95        1.00       99.95       99.95
                                                                      Kingdom
CENTEX/TAYLOR, LLC                                                   Delaware            48.98                   48.98
CENTEX TECHNOLOGY, INC.                                               Nevada            100.00                  100.00
CENTEX TITLE & ANCILLARY SERVICES, INC.                               Nevada            100.00                  100.00
CENTEX UK LTD                                                         United             98.95        1.00       99.95       99.95
                                                                      Kingdom
CENTEX VICEROY GENERAL PARTNER, LLC                                  Delaware           100.00                  100.00
CENTEX/WORTHGROUP, L.L.C.                                            Delaware           100.00                  100.00
CHEC ASSET RECEIVABLE CORPORATION                                     Nevada            100.00                  100.00
CHEC CONDUIT FUNDING, LLC                                            Delaware           100.00                  100.00
CHEC FUNDING, LLC                                                    Delaware           100.00                  100.00
CHEC INDUSTRIAL LOAN COMPANY                                         Tennessee          100.00                  100.00
CHEC INDUSTRIAL LOAN CORPORATION                                     Minnesota          100.00                  100.00
CHEC RESIDUAL, LLC                                                   Delaware           100.00                  100.00
CHESTNUT HOUSING, L.P.                                               Minnesota           98.95        1.00       99.95       99.95
CITY HOMEBUILDERS, INC.                                                Texas            100.00                  100.00
   CityHomes
CKC FACILITIES GROUP, L.C.                                            Florida            60.00                   60.00
   CKC Design Builders, L.C.
   Miramar Town Center Group
CLAREMONT HILLS LLC                                                  Delaware            49.98                   49.98
COMMERCE APPRAISAL SERVICES, LLC                                     Delaware           100.00                  100.00
COMMERCE LAND TITLE AGENCY, LLC                                        Ohio             100.00                  100.00
   Commerce Title Company
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

COMMERCE LAND TITLE, INC.                                             Nevada            100.00                  100.00
   Commerce Company
   Commerce Title Agency
   Commerce Title Company
COMMERCE TITLE COMPANY                                              California          100.00                  100.00
COMMERCE TITLE COMPANY, INC.                                          Alabama           100.00                  100.00
COMMERCE TITLE COMPANY OF NEW MEXICO, LLC                            Delaware           100.00                  100.00
COMMERCE TITLE INSURANCE COMPANY                                    California          100.00                  100.00
COMMERCE TITLE VENTURES, LLC                                         Delaware           100.00                  100.00
CONSTRUCTION PORTFOLIO FUNDING, INC.                                   Texas            100.00                  100.00
COPPER CANYON DEVELOPMENT COMPANY LLC                               California           45.68                   45.68
CORE MORTGAGE CONNECTION, L.P.                                         Texas             50.01                   50.01
   Credit Union Mortgage Connection, L.P.
COYOTE CANYON, LLC                                                   Delaware            99.95                   99.95
CRG HOLDINGS, LLC                                                    Delaware           100.00                  100.00
   AAA Homes
   AAA Park Model & RV
   Boerne Homes
   Cavco Home Center
   Cavco Homes
   Cavco Homes Supercenter
   Cavco Supercenter
   Factory Liquidators
CROSLAND ACCEPTANCE ASSOCIATES V                                  North Carolina        100.00                  100.00
CROSLAND BOND COMPANY                                             North Carolina        100.00                  100.00
CTX BUILDERS SUPPLY SERVICES, LLC                                    Delaware            99.95                   99.95
CTX HOLDING COMPANY                                                   Nevada            100.00                  100.00
CTX MORTGAGE COMPANY, LLC                                            Delaware           100.00                  100.00
   Centex Mortgage Company
   CTX Mortgage Company
CTX MORTGAGE FUNDING, LLC                                            Delaware           100.00                  100.00
CTX MORTGAGE FUNDING III, LLC                                        Delaware           100.00                  100.00
CTX MORTGAGE VENTURES CORPORATION                                     Nevada            100.00                  100.00
CTX MORTGAGE VENTURES, LLC                                           Delaware           100.00                  100.00
   CTX Mortgage Ventures I, LLC
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

CTX SWAP I, LLC                                                      Delaware           100.00                  100.00
CUMMINGS-CENTEX ROONEY                                                Florida            45.00                   45.00
CXP FUNDING, LLC                                                     Delaware            65.10                   65.10
DALLAS SUBURBS MORTGAGE, L..P.                                         Texas             50.01                   50.01
DARDEN FINANCIAL SERVICES, L.P.                                        Texas             50.01                   50.01
DENALI FINANCIAL SERVICES, L.P.                                        Texas             50.01                   50.01
DESARROLLOS EN LATINOAMERICA SERVICIOS                                Mexico            100.00                  100.00
ADMINSTRATIVOS S DE RL DE CV
DFW INTEGRATED PARTNERS                                                Texas             25.00                   25.00
DUNDEE INSURANCE AGENCY, INC.                                          Texas            100.00                  100.00
EMPRESAS INMOBILIARIAS DE MEXICO, S. DE R.L. DE                       Mexico            100.00                  100.00
C.V.
EXPRESS FINANCIAL SERVICES, LIMITED                               North Carolina         50.01                   50.01
PARTNERSHIP
   Express Financial Services, L.P.
FAGAN CANYON PARTNERS, LLC                                           Delaware             1.00                    1.00
FAIR CHASE DEVELOPMENT LLC                                           Delaware            49.98                   49.98
FAIRCLOUGH HOMES GROUP LIMITED                                        United             98.95        1.00       99.95       99.95
                                                                      Kingdom
FAIRCLOUGH HOMES LIMITED                                              United             98.95        1.00       99.95       99.95
                                                                      Kingdom
FAIRPINE LIMITED                                                      United             49.48        0.50       49.98       49.98
                                                                      Kingdom
FAIRWAY FINANCIAL GROUP, L.P.                                          Texas             50.01                   50.01
FHL NOMINEES LIMITED                                                  United             98.95        1.00       99.95       99.95
                                                                      Kingdom
FIRST CENTURY MORTGAGE, L.P.                                           Texas             50.01                   50.01
FLORIDA LANDMARK MORTGAGE, L.P.                                        Texas             50.01                   50.01
   LandMark Mortgage of Florida, L.P.
FOUR OAKS MORTGAGE COMPANY, L.P.                                  North Carolina         50.01                   50.01
FOX & JACOBS, INC.                                                     Texas            100.00                  100.00
GALLERIA MORTGAGE, L.P.                                                Texas             22.75                   22.75
GENBOND TWO, INC.                                                 North Carolina        100.00                  100.00
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

GHQ COMPANY, INC.                                                     Nevada            100.00                  100.00
GLG MORTGAGE, L.P.                                                     Texas             50.01                   50.01
GOLDEN TURNER, A JOINT VENTURE                                      California            1.00                    1.00
GREAT LAKES DEVELOPMENT CO., INC.                                     Nevada            100.00                  100.00
GV NORTHFIELD I LLC                                                  Delaware            96.97        0.98       97.95       97.95
HARWOOD INSURANCE SERVICES, LLC                                     California          100.00                  100.00
HARWOOD SERVICE COMPANY OF GEORGIA, LLC                               Georgia           100.00                  100.00
   Harwood Service Company
HARWOOD SERVICE COMPANY OF NEW JERSEY, LLC                          New Jersey          100.00                  100.00
   Harwood Service Company
HARWOOD SERVICE COMPANY, LLC                                         Delaware           100.00                  100.00
   Harwood Insurance Service, LLC
   Harwood Service Company of Nebraska, LLC
HARWOOD STREET FUNDING II, LLC                                       Delaware           100.00                  100.00
   Main Street Funding, LLC
HEARTLAND MORTGAGE, L.P.                                            California           50.01                   50.01
HOLLIS & EASTERN RAILROAD COMPANY LLC                                Delaware            65.10                   65.10
HOMEFRONT MORTGAGE, L.P.                                            Washington           50.01                   50.01
HOMETEAM PEST DEFENSE, INC.                                           Nevada            100.00                  100.00
HOMETEAM PEST DEFENSE, LLC                                           Delaware           100.00                  100.00
   Callaghan's Exterminating
   Integrated Pest Defense
   Wilson Pest Control
   Wilson Pest Defense
ILLINOIS CEMENT COMPANY                                              Illinois            32.55                   32.55
ILLINOIS CEMENT COMPANY, JOINT VENTURE                                 Texas             32.55                   32.55
   Wisconsin Cement Company
INDEPENDENT GENERAL AGENCY, INC.                                       Texas            100.00                  100.00
JOHN CROSLAND COMPANY                                             North Carolina        100.00                  100.00
   John Crosland Homes
KIRCHMAN/CENTEX, A JOINT VENTURE                                      Florida            75.00                   75.00
LANSDOWNE COMMUNITY DEVELOPMENT LLC                                  Virginia            24.99                   24.99
LANSDOWNE TOWN CENTER LLC                                            Delaware            33.31                   33.31
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

LEWIS MORTGAGE COMPANY, L.P.                                           Texas             50.01                  50.01
   Lewis Mortgage Company
LMX FINANCIAL SERVICES, LTD.                                          Florida            50.01                  50.01
M & W DRYWALL SUPPLY COMPANY                                          Nevada             65.10                  65.10
M&W GENERAL CONSTRUCTION COMPANY                                      Nevada             49.00                  49.00
MATHEWS READYMIX, INC.                                              California           65.10                  65.10
MEADOW VISTA COMPANY, LLC                                            Delaware           100.00                 100.00
   Ocotillo Meadows, LLC
MELROSE PARK JOINT VENTURE                                            Florida            53.31                  53.31
METROPOLITAN TAX SERVICE, INC.                                        Nevada            100.00                 100.00
   Metropolitan Tax & Abstract Services, Inc.
METROPOLITAN TITLE & GUARANTY COMPANY                                 Florida           100.00                 100.00
   Commerce Title Agency
   Commerce Title Company
   Commerce Title Company of Maryland
   Commerce Title Company of Virginia
MH ACQUISITION COMPANY, LLC                                          Delaware           100.00                 100.00
MORTGAGE ACCEPTANCE ASSOCIATES NO. 2                              North Carolina        100.00                 100.00
MORTGAGE COLLATERAL ASSOCIATES NO. 1                              North Carolina        100.00                 100.00
MORTGAGE COLLATERAL ASSOCIATES NO. 3                              North Carolina        100.00                 100.00
MORTGAGE NETWORK, L.P.                                                 Texas             30.00                  30.00
MORTGAGE PORTFOLIO SERVICES, INC.                                    Delaware            91.00                  91.00
MOUNTAIN CEMENT COMPANY                                               Nevada             65.10                  65.10
MPS FUNDING CORPORATION                                              Delaware            91.00                  91.00
NAB ASSET COMPANY, LLC                                                 Texas            100.00                 100.00
NEVADA CEMENT COMPANY                                                 Nevada             65.10                  65.10
NEW HOME MORTGAGE SPECIALISTS, L.P.                                 Washington           50.01                  50.01
NOMAS CORP.                                                           Nevada             99.73                  99.73
NOVATO COMMUNITY PARTNERS, LLC                                      California           49.98                  49.98
OPTIMA INFORMATION SOLUTIONS, LLC                                    Delaware            71.00                  71.00
PACIFIC AMERICAN MORTGAGE COMPANY                                      Texas             91.00                  91.00
   PAMCO
</Table>

<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

PALMDALE 101 VENTURE                                                California           49.98                  49.98
PDG / PRESCOTT DEVELOPMENT GROUP, L.L.C.                              Arizona            48.49       0.49       48.98        48.98
PENNSTAR FINANCIAL, LLC                                              Delaware            50.01                  50.01
PINE RIDGE FINANCIAL, L.P.                                          Washington           50.01                  50.01
REALTY TITLE PROFESSIONALS, LTD., LLLP                                Florida            32.10                  32.10
REPUBLIC PAPERBOARD COMPANY LLC                                      Delaware            65.10                  65.10
   Republic Paperboard Company 2000 LLC
RIVERMARK PARTNERS, LLC                                             California           33.31                  33.31
RIVERMARK VILLAGE, LLC                                              California           29.70       0.30       30.00        30.00
ROBERG FINANCIAL, L.P.                                                 Texas             50.01                  50.01
SANTA CLARITA 700, LLC                                               Delaware            49.98                  49.98
SEABREEZE, LLC                                                      California           66.67                  66.67
SELECTIVE - DELAWARE, L.L.C.                                         Delaware            99.95                  99.95
SILVER FALLS, LLC                                                    Delaware            49.98                  49.98
ST LENDING, INC.                                                     Delaware            99.73                  99.73
SUN BUILT DEVELOPMENT, LLC                                           Delaware            48.49       0.49       48.98        48.98
SUNSET RANCHOS DEVELOPERS, LLC                                       Delaware            99.95                  99.95
SYCAMORE CREEK                                                      California           50.00                  50.00
TEXAS CEMENT COMPANY                                                  Nevada             65.10                  65.10
   C & C Properties, Inc.
   C P Service Company
   Texas-Lehigh Cement Company
TEXAS LEHIGH CEMENT COMPANY LP                                         Texas             32.55                  32.55
   Texas Lehigh Cement Company
THE JONES COMPANY BUILDING SERVICES, LLC                              Nevada             99.95                  99.95
THE JONES COMPANY HOMES, LLC                                          Nevada             99.95                  99.95
   The Jones Company
   Lexington Homes
THE JONES COMPANY HOMES REALTY, LLC                                   Nevada             99.95                  99.95
THE STUDENT COMMUNITIES GROUP, L.C.                                   Florida            50.00                  50.00
TLCC GP LLC                                                          Delaware            65.10                  65.10
TLCC LP LCC                                                          Delaware            65.10                  65.10
</Table>


<PAGE>


<Table>
<Caption>
                                                                                                 Percentage of Ownership
                                                                                             (Aggregate, to the nearest .00%)
                                                                                      ---------------------------------------------
                                                                                                               Grand
                                                                                                               Total
                                                                                       Centex      Holding    (Centex
                                                                  Jurisdiction of     ---------   ---------      &
Entity Name & DBAs                                                 Organization         Total       Total     Holding)       CDC*
---------------------------------------------------------------   ---------------     ---------   ---------   ---------    --------
<S>                                                               <C>                 <C>         <C>         <C>          <C>

T.W. LEWIS MORTGAGE COMPANY, L.P.                                      Texas             50.01                  50.01
VENTURE TITLE AGENCY, LTD., LLLP                                      Florida            50.02                  50.02
VIEWTON PROPERTIES LIMITED                                            United             98.95       1.00       99.95        99.95
                                                                      Kingdom
VISTA REALTY DEVELOPMENT COMPANY, L.P.                               Delaware            98.95       1.00       99.95        99.95
VISTA REALTY GENERAL PARTNER, LLC                                    Delaware            98.95       1.00       99.95        99.95
VISTA RIDGE BUSINESS PARK ASSOCIATION, INC.                            Texas             99.95                  99.95
WAYNE HOMES, LLC                                                     Delaware            97.44                  97.44
   Wayne Homes Centex, LLC
   Wayne Homes Michigan, LLC
WAYNE HOMES MID ATLANTIC, LLC                                        Delaware            99.95                  99.95
     Wayne Homes
WESTERN AGGREGATES, INC.                                              Nevada             65.10                  65.10
   Centex Western Aggregates, Inc.
WESTERN CEMENT COMPANY OF CALIFORNIA                                California           65.10                  65.10
WESTFEST, LLC                                                         Arizona            49.98                  49.98
WESTWOOD INSURANCE AGENCY                                           California          100.00                 100.00
   HomeAdvantage Insurance Agency Services
   HomeAdvantage Insurance Services
   Westwood Agency
   Westwood Insurance Agency, Inc.
   Westwood Insurance Agency of Denver, Inc.
   WMC Insurance Agency
   WMC Insurance Agency Services
   WMC Insurance Services
   WMC Insurance Services, Inc.
WESTWOOD INSURANCE AGENCY                                             Nevada            100.00                 100.00
WESTWOOD INSURANCE AGENCY OF ARIZONA, INC.                            Arizona           100.00                 100.00
WINDEMERE BLC LAND COMPANY LLC                                      California           33.31                  33.31
WISCONSIN CEMENT COMPANY                                             Wisconsin           32.55                  32.55
</Table>

*  A subsidiary of Centex owns a 99% Limited Partner interest in CDC, and a
   subsidiary of Holding owns a 1% General Partner interest in CDC; therefore,
   ownership interests shown for CDC are also included in the figures for Centex
   and Holding.