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Candy's House of the Week

This contemporary country paradise is way more interesting with Champ d'Or for a neighbor

Candy Evans
Mar 7, 2013 | 10:49 am

This is an interesting home for many reasons, but mainly because of its neighbor: Champ d’Or. After 10 years on the market, the 30,000-square-foot Champ finally sold at auction in 2012. Over the years, price tags on the property ranged from $65 million to $25 million. The home had more agents than Dallas County DA Craig Watkins has sick days.

The Champ’s final selling price was reportedly less than $10 million. Word is that the family who bought it will turn it into an event space.

So the new owner of 1745 Turbeville Rd. will have quite the fancy neighbor. What a great place to borrow a cup of sugar.

Or, better yet, just borrow the chef.

Interestingly, 1745 Turbeville Rd. has an entirely different feel than the French Romanesque Champ. It’s Green Acres with a contemporary twist. The home is transitionally modern, with 17,000 clean square feet filled with six bedrooms, study, media room and game room. Two living areas, with walls of glass, afford views of the huge saltwater pool.

Speaking of the pool, it has a private cabana, veranda and outdoor fireplace. We told you this was paradise, and we mean it: This sophisticated number comes with its own pond, horse barn and a 6,000-square-foot workshop. That workshop is bigger than most homes!

The home was built in 1999 and rests on more than 10 acres. The address is similar to that of major North Texas developer Mehrdad Moayedi, who owns a whole lot of land along Turbeville Road, as well as the Stoneleigh Residences.

Where exactly is this place? Head north on I-35 toward Denton, about 20 to 30 minutes, then turn west off the highway onto Turbeville. There you will find the peaceful metropolis of Hickory Creek, just past the town hall, horses and cattle.

The asking price is $4,450,000, listed with Clay Stapp+Co, who knows a thing or two about Hickory Creek: He brought the buyer to Champ’s auction last year.

Buy this contemporary in Hickory Creek and you'll be neighbors with the infamous Champ d'Or.

Photo courtesy of Clay Stapp+Co
Buy this contemporary in Hickory Creek and you'll be neighbors with the infamous Champ d'Or.
unspecified
news/real-estate

welcome home

This is the income you need to buy a starter home in Dallas right now

Amber Heckler
Aug 7, 2026 | 4:24 pm
Neighborhood of starter homes
Photo by Zac Gudakov on Unsplash
Dallas and Austin lead the nation for improving starter-home affordability.

A new housing affordability report shows Dallas is among the nation's top metros for improving starter-home affordability. First-time buyers are finally catching a small break, with the income needed to purchase a median-priced starter home falling in 2026.

Dallas residents need to earn $83,096 to afford a median-priced home in the metro area, or 5.1 percent less than they did last year, the Redfin report found.

Dallas had the third-biggest decline in the income needed to afford a starter home out of the 50 U.S. metros analyzed in the report. Redfin also determined that all starter home listings in Dallas are "affordable" based on the city's median household income — which the report estimates at $103,144.

Dallas still has a far higher income required to afford a starter home compared to the national average, but affordability is improving slightly across the board. Americans need to make $70,693 to afford the typical starter home, according to the report's findings.

"The income needed to buy a starter home is declining while earnings are rising," the report said. "The typical American household earns an estimated $87,599, about $17,000 more than what’s needed to buy the median-priced U.S. starter home. That gap is widening: A year ago, the typical American earned roughly $12,500 more than they needed to buy a starter home."

Still, starter home affordability is "still often out of reach" for first-time homebuyers in expensive real estate markets due to "near high record" sale prices and soaring mortgage rates, the study said.

In neighboring Fort Worth, residents only need to make $77,886 to afford a starter home — an attainable milestone based on the city's estimated median household income of $93,102. Fort Worth ranks fourth nationwide for its year-over-year improvement in starter home affordability.

For additional comparison, this is the income needed to afford a starter home in other major Texas metros:

  • Austin – $92,607 (down 6.1 percent)
  • Houston – $70,384 (down 4 percent)
  • San Antonio – $62,859 (down 3.7 percent)

Unfortunately, affording a home in the overall housing market is further straining Americans' wallets. American households need to make just under $110,000 afford the typical U.S. home, but Redfin's evaluation found the typical household makes about $22,000 less than that.

"The discrepancy is partly because the overall market is driven by outsized price increases in the luxury segment, and outsized price increases in places like San Francisco and West Palm Beach, where affluent buyers are active," the report said. "At the same time, some would-be buyers of starter homes are pulling back because they typically earn less money and are more sensitive to affordability pressures."

The top 10 U.S. metros with the biggest declines in the income required to afford the typical starter home are:

  • No. 1 – Austin, Texas
  • No. 2 – Oakland, California
  • No. 3 – Dallas, Texas
  • No. 4 – Fort Worth, Texas
  • No. 5 – Denver, Colorado
  • No. 6 – San Francisco, California
  • No. 7 – Phoenix, Arizona
  • No. 8 – Las Vegas, Nevada
  • No. 9 – Houston, Texas
  • No. 10 – Los Angeles, California
housing market real estate reports starter homes
news/real-estate
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