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    Ring the Queen

    Dallas palace featured in Mark Cuban reality show listed for $13 million

    Karen Eubank
    May 16, 2018 | 2:30 pm
    Dallas palace for sale, 9006 Douglas Ave.
    It was built in 1985 by John Needham.
    Photo courtesy of Estately

    There are very few homes that merit the use of the word “palace," but walking through the grand entrance of 9006 Douglas Ave. is like stepping into a royal fairy tale.

    This palatial Mediterranean resort-style home has been referred to as “The Mansion” for years. That, in no way, prepares you for what you will experience once you cross the threshold. It really is a Dallas palace. And it's now on the market, listed with Allie Beth Allman’s Kevin Tally for $12.995 million.

    Think about the image of Belle descending that iconic staircase in Beauty and the Beast, except better, because this home has not one but two sweeping black marble staircases, rising from the 75-foot long grand arcade entry. The contrast takes drama to an entirely new level. Of course, there's an elevator to whisk you back upstairs.

    The three-story Dallas palace was built in 1985, and at the time was the largest spec home in America. There have only been three owners besides builder John Needham. Needham had an ambitious dream of building the most incredible house in the world and felt he’d accomplished his dream with the help of architect Fred Wynn. At the time, it was also the most expensive spec home ever built.

    Needham sold it to Oilman Jerry McCutchin and his wife, Sharon. The next owners, Jerry Rogers and Jodie Shelton, allowed the 18,288-square-foot home to be used as a location for Mark Cuban’s reality television show, The Benefactor.

    There's evidence that another famous Dallas resident was keen to move in. A piece from a 2009 Haute Magazine article on Realtor Marilyn Hoffman says cosmetics queen Mary Kay Ash dropped $4 million for a house on Douglas under construction by builder John Needham. "It is the most expensive spec home ever sold in Dallas,” Marilyn said in the article, adding, “Mary Kay plans to move in April and has been to Europe to buy some of the furnishings."

    It is thought that the deal went south and that’s how Mary Kay ended up down the street in her iconic pink mansion.

    As palatial as this home was in 2005 when the present owners purchased it, the changes they made completely redefined luxury living in Dallas. Although the 65 columns, soaring arches, and cabinets twice as tall as an average man were all existing, just about everything else has been replaced, updated, improved, or completely remodeled.

    There is 24-karat gold-plated hardware throughout the house. The dome over the piano has been embellished with more 24-karat gold, and it’s just the right foil for the brilliant white walls. One of the most thoughtful changes was the extensive use of white. The floors are white marble, and the owners had the walls and cabinetry in the public spaces painted a brilliant white, which showcases the stunning architecture magnificently.

    The home has eight bedrooms, eight bathrooms, three powder baths, a game room, two dining areas, and a grand screening room with a sound system that surpasses almost anything you’ll find in a commercial theater. There is also a music loggia on the mezzanine level, as well as two opera balconies.

    The present owners created a private garden area off of the two-story, 3,500-square-foot master bedroom suite, complete with a screened gazebo. That master has a separate living room and a full theater-sized screen that descends from the ceiling. The spiral staircase leads to another enormous private living area.

    One of the most stunning features of the Dallas palace is the two-story library modeled after the Vanderbilts' Biltmore estate in North Carolina. The intricate handmade, inlaid desk took six craftsmen over six months to create. (Rumor has it there is only one other in existence, belonging to Vladimir Putin.)

    In addition to the main home, there is an 800-square-foot guest cottage on the property along with a full-sized sports court, cabana, and snack bar. The enormous 65-foot pool, replete with water features, was inspired by the Hearst Castle in San Simeon, California. A 40-foot balcony on the top level of the home provides a breathtaking view of the lush grounds.

    The beauty of home lies not just in the majestic architecture and thoughtful updates, but also in the way it was constructed. Total privacy was created for every member of the household yet in a way that makes you still feel connected.

    As the seller says, “The expansiveness does not intimidate you. There is still a feeling of being close to your family despite the scale.”

    ---

    A version of this story originally was published on Candy's Dirt.

    The home was featured in Mark Cuban's reality TV show, The Benefactor.

    Dallas palace for sale, 9006 Douglas Ave.
    Photo courtesy of Estately
    The home was featured in Mark Cuban's reality TV show, The Benefactor.
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    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.

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