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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."

    The neighborhood boasts its own airport and landing strip.

    Personal planes
    Photo by airportproperty.net
    The neighborhood boasts its own airport and landing strip.
    unspecified
    news/real-estate

    affordability news

    Texans need to make nearly 6 figures to buy a home in 2025, per report

    Amber Heckler
    Aug 11, 2025 | 9:44 am
    Homebuyers, real estate affordability
    Photo by Kostiantyn Li on Unsplash
    Texans that aren't making about $99,000 a year may have a tough time buying a home this year, the report discovered.

    A recent report analyzing the minimum income it takes to buy a home across America has revealed Texans have it easier than residents of other states, but the dream may still feel unattainable for many.

    Potential homebuyers need to make at least $99,000 to buy a home in Texas in 2025, according to the analysis from Realtor.com.

    To determine the minimum income a local resident would need to make to buy a home in their own state, Realtor.com calculated each state's "affordability gap" by finding the difference in the actual annual income from the minimum recommended income to afford a median-priced home as of July 2025. The report also determined the percentage difference between the affordability gap figure and state's median actual income.

    Texas joined 18 other states where the minimum income required to purchase a home is just under the six-figure range.

    According to the U.S. Census Bureau, the median household income in Texas is $75,780, which means the affordability gap for a potential Texas homebuyer adds up to more than $23,000. That also means that the minimum income required to buy a Texas home this year is roughly 30 percent higher than the state's actual median income.

    Though the report didn't give any data on the median list price of a Texas home in July, Realtor.com said the median list price of a home in Dallas-Fort Worth was $439,900 last month. July's median list price was 2.2 percent lower year-over-year from July 2024.

    "Even as the summer housing market is gradually turning more buyer-friendly, the typical American still does not earn enough to keep up with monthly mortgage payments without becoming house-poor," the report's author wrote. "However, the degree of unaffordability varies widely across states. Overall, it has moderately edged down compared with the end of last year."

    Elsewhere in the U.S., Iowa is the No. 1 most affordable state for homebuyers in 2025, Realtor.com says, with residents needing to make at least $76,422 to afford a median-priced home in the state. The median list price for an Iowa home in July came out to $289,938, and the median income of an Iowa household is just under $76,000, making Iowa's affordability gap the smallest out of all 50 states at only $431.

    "In other words, investing in a median-priced home in Iowa would require spending just a little over the target 30 percent on housing, still leaving plenty of cash in the bank to cover other necessities," the report said.

    Realtor.com's top 10 most affordable states for homebuyers in 2025, plus the minimum income needed to afford a median-priced home, are:

    • No. 1 – Iowa ($76,422)
    • No. 2 – Illinois ($85,196)
    • No. 3 – Kansas ($74,030)
    • No. 4 – Ohio ($76,425)
    • No. 5 – Indiana ($81,565)
    • No. 6 – Pennsylvania ($85,662)
    • No. 7 – Missouri ($81,973)
    • No. 8 – West Virginia ($71,167)
    • No. 9 – Minnesota ($105,169)
    • No. 10 – Michigan ($83,542)

    On the opposite end, Montana is the No. 1 least affordable state for homebuyers with an affordability gap surpassing $99,000. The median income of a Montana household is only $72,066 a year, and the median list price of a home in the state was $649,900 in July. The report then determined that a Montana resident would need to make more than $171,000 to afford that median-priced home.

    "To put it differently, a would-be homebuyer in Montana would require a 138 percent raise to comfortably afford a home in the state at the current mortgage interest rate of 6.72 percent," the report said.

    texasreal estatehousing marketsalariesincomereports
    news/real-estate
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