Wrong. The building was paid for by the members and titled in the local church. About 30 years ago, when its denomination merged into the northern church, a clause was added to the denomination's rules which said that the local congregation held the property in trust for the denomination. Highland Park claimed that no trust was established under Texas law (although it could be argued that they did, in fact accede to the the clause when they voted against leaving in the early 1990s after the merger but before the clause became binding.
Large PCUS church in Tulsa had to cough up a lot of dough to keep its property. The courts seem to side with the denomination.
For those who are interested, there are Presbyterian churches that are true to God’s Word. The Orthodox Presbyterian church was founded in the late thirties when the mainline Presbyterian church started straying, and the Presbyterian Church in America was founded in 1973. There are some other ones, as well.