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Property Rights Victory

Carrollton homeowners win court battle against real estate magnate Henry Billingsley

Claire St. Amant
May 1, 2014 | 8:35 am

A group of Dallas-area homeowners are fighting back against acclaimed developer Henry Billingsley in a court battle that could end up in the Texas Supreme Court.

Billingsley wanted to transform Air Park Estates, a Collin County aviation-centered residential community, into a mixed-use development called Willow Park Village. But the way he went about it is now under heavy scrutiny. Air Park Estates homeowners scored a significant victory in the Dallas Court of Appeals earlier this month, when Justice Michael O'Neill ruled that the decision to close the residential airport was unconstitutional.

Billingsley wanted to transform Air Park Estates, a Collin County aviation-centered residential community, into a mixed-use development.

In the 1980s, Billingsley began buying neighborhood lots and eventually controlled 75 percent of Air Park properties. He took over the zoning committee in 2003 and promptly brought his wife and other Billingsley family associates into the fold.

In 2007, Billingsley began the process to have the Air Park land annexed and rezoned. Then he lobbied to get a strict ordinance regulating the airport passed. The private airport had operated freely since its founding in the 1960s by David Noell and his father, Milton.

The new requirements included mandatory insurance policies and the hiring of an accredited airport manager. Violating the newly established ordinance was grounds to close the airport and demolish the air park.

As owner of the land, Billingsley had the responsibility to make the changes. What he didn’t have was the motivation. When Air Park homeowners such as David Noell tried to remedy the situation, the city told them they weren’t the airport owners and therefore could not act on its behalf. That’s when the Noell and other homeowners filed suit against Billingsley and the city.

While the case was pending, Carrollton’s property standards board voted 5 to 4 to close the airport unless all the violations were remedied “by the owner” within 30 days. The homeowners responded by adding the board to their lawsuit.

At trial, the jury sided largely with the homeowners, determining that the ordinance to regulate the airport was valid, but the order to close it wasn’t.

"The jury found, among other things, that Billingsley and the Zoning Committee breached their fiduciary duties to homeowners," the court of appeals ruling reads. In other words, a property owner can’t refuse to maintain a building and work to have it shut down in order to use the same land for a more lucrative purpose.

The jury’s verdict meant Billingsley and Carrollton had to foot the bill to repair the airport and make things right with homeowners. The jury awarded $2 million in damages.

"Not only did a government — the City of Carrollton — try to seize private homes and property at the behest of a private developer, it attempted to do so without paying for it," said Air Park Estates attorney Chris Kratovil, calling the court of appeals opinion "a significant victory for state property rights."

Now that Billingsley has exhausted his district appeals, it's likely he'll go all the way to the Texas Supreme Court, setting up one more David-versus-Goliath battle in a case 30 years in the making. Billingsley has until May 24 to file a petition for review. Calls and emails to Billingsley's attorney, Ken Carroll, were not immediately returned.

"We do not anticipate that the Texas Supreme Court will alter the legal conclusions reached by the Court of Appeals, as those conclusions are well grounded in Texas law," Kratovil said. "Unless and until the Supreme Court holds differently, the opinion of the Dallas Court of Appeals is the law and all parties — including Mr. Billingsley and the City of Carrollton — are obligated to abide by it."

Air Park Estates is a Collin County aviation-centered residential community.

Air Park Estates home
Photo via KW.com YouTube
Air Park Estates is a Collin County aviation-centered residential community.
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news/real-estate

out of reach

This is how long it takes to save for a starter home in Dallas right now

Amber Heckler
Oct 26, 2026 | 9:44 am
Tri Pointe Homes house
Courtesy of Tri Pointe Homes
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A new national housing affordability report has confirmed something many renters already know: The possibility of owning a home is moving further out of reach for many renters across America.

Becoming a new homeowner is especially challenging for households in several major U.S. metros — including Dallas — where it now takes well over a decade to save enough money for a down payment on a starter home.

These findings were unveiled in a new study from The Julian Bond Institute for Financial Equity Research (JBI), a nonprofit research branch of the Center for Responsible Lending (CRL). The report comes as a result of its Project 2050 Survey that analyzed "Americans' financial aspirations across generations and racial groups and the obstacles they encounter in achieving them."

JBI said Americans of all generations, racial backgrounds, and ethnicities haven't given up on "this aspect of the American dream," but the journey towards becoming a homeowner is "grow[ing] exceedingly challenging." In addition to saving for a down payment and closing costs, renters must also navigate high mortgage rates and high home prices. All of these combined factors have pushed monthly payments out of reach for most families.

"There has been much coverage of the difficulty aspiring homeowners face in being able to afford the monthly payments on a home loan," the report said. "But less attention has been given to an equally important part of the housing affordability squeeze: The impact that higher home prices and the affordability crisis are having on the ability of families to save enough money to afford the upfront costs of homeownership."

Using the results from a previous 2019 survey and the most recent survey results, JBI examined how many years it would take a typical renter family to save enough money to cover a down payment and closing costs for a starter home in the U.S. and in its 10 biggest metros.

The report found that it now takes the typical Dallas renter household 12 years to save for a starter home in 2026, up from 7 years in 2019. And Dallas technically appears on the lower end of the spectrum out of the 10 biggest U.S. metros.

"Although there is some variation across these areas, even in Houston — where the years to save is the lowest — it would take the typical aspiring homeowner 11 years to save enough money to purchase a starter home," the report said. "At the opposite end of the spectrum, in Los Angeles, it would take 24 years. And in all these areas, there has been a sizable increase in the number of years required to save since 2019."

For the typical American household, it now takes 16 years to save for a starter home, a figure that has doubled since 2019. That's based on an American median renter household income of $57,991, and an estimated saving rate of 2.63 percent. The report defines the saving rate as the percentage of a family’s income that can be set aside for the purchase of a home after expenditures, assuming that aspiring homeowner families can devote 75 percent of their savings toward a home purchase.

"[This] translates to annual savings of roughly $1,525," the report found. "For such a family, it would take 16 years to accumulate enough savings to purchase a starter home [at the median price of $335,574]."

Renter households that made $42,750 in income at a 3.96 saving rate would result in $1,693 saved for the purchase of a home in 2019. By those metrics, it would take the typical renter household eight years to save for a starter home at the 2019 median price of $217,520.

This is how many years it takes to save for a starter home in the 10 biggest U.S. metros compared to 2019, from longest to shortest:

  • Los Angeles: 24 years, up from 14 years in 2019
  • New York City: 23 years, up from 10 years
  • Miami: 22 years, up from 10 years
  • Washington, D.C.: 16 years, up from 8 years
  • Chicago: 15 years, up from 8 years
  • Philadelphia: 15 years, up from 8 years
  • Phoenix: 15 years, up from 8 years
  • Atlanta: 13 years, up from 7 years
  • Dallas: 12 years, up from 7 years
  • Houston: 11 years, up from 8 years
real estate housing affordability housing market real estate report dallas houston
news/real-estate
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