Edgar Filing: HORTON D R INC /DE/

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 ^*

Â Noon Thomas F

2. Date of Event Requiring Statement (Month/Day/Year)
04/20/2005

3. Issuer Name and Ticker or Trading Symbol
HORTON D R INC /DE/ [DHI]

(Last)

(First)

(Middle)

301 COMMERCE ST., #500

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
EVP & COO - California

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

FORT WORTH,,Â TXÂ 76102

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	78,963	D	Â
Common Stock	3,362	I	Son ⁽¹⁾
Common Stock	3,375	I	Son ⁽²⁾
Common Stock	2,729	I	Son ⁽³⁾

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	07/20/1996⁽⁵⁾	07/20/2005	Common Stock	2,744 ⁽⁴⁾	$ 2.7104	D	Â
Employee Stock Option (right to buy)	11/16/1996⁽⁵⁾	11/16/2005	Common Stock	1,960 ⁽⁴⁾	$ 2.806	D	Â
Employee Stock Option (right to buy)	07/18/1997⁽⁵⁾	07/18/2006	Common Stock	21,299 ⁽⁴⁾	$ 2.6517	D	Â
Employee Stock Option (right to buy)	07/28/1998⁽⁵⁾	07/28/2007	Common Stock	108,892 ⁽⁴⁾	$ 2.9445	D	Â
Employee Stock Option (right to buy)	07/23/1999⁽⁵⁾	07/23/2008	Common Stock	145,188 ⁽⁴⁾	$ 6.0783	D	Â
Employee Stock Option (right to buy)	07/18/2003⁽⁵⁾	07/18/2012	Common Stock	80,000 ⁽⁴⁾	$ 10.95	D	Â
Employee Stock Option (right to buy)	04/29/2005⁽⁵⁾	04/29/2014	Common Stock	53,333 ⁽⁴⁾	$ 21.6	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Noon Thomas F 301 COMMERCE ST., #500 FORT WORTH,,Â TXÂ 76102	Â	Â	Â EVP & COO - California	Â

Signatures

/s/ Thomas B Montano, Attorney-in-Fact		04/27/2005
^**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)	Shares held by son, Eric Ruiz Noon.
(2)	Shares held by son, Jonathan Ruiz Noon.
(3)	Shares held by son, Christopher Ruiz Noon.
(4)	Each employee stock option has a 10-year term and vests as to 10% of the grant amount on each of the first nine anniversary dates of the date of grant and vests as to the remaining 10%, 9.75 years after the option grant date.
(5)	Date reflects one-year anniversary date from the date of the stock option grant (see footnote 4).

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