There is a simple two story farmhouse with no basement. There is random loot inside and a skill 2 locked safe on the second floor. There are two ash roses in the backyard with a blackberry bush. There are razorgrain plants in the field to the south. The workshop is outside against the south wall of the house along with a armor workbench. The suitcase beside the armor workbench is actually a storage container to access the player's own storage. The workshop can produce: Copper(1), Crystal(1), Fertilizer(1), Gold(1), Food(5), Water(3). Note that opening the upstairs safe while another player claims the workshop incurs a bounty. This has been reported to Bethesda but still occurs after Fallout 76 patch 220.127.116.11 3/26/2019.
16 wild tato blossom plants in fields above Billings homestead, near the derelict truck.
The Billings homestead appears only in Fallout 76.
North of this homestead and south of Silva homestead there is a single silo with a large semi-circular shed immediately adjacent to it. While it is equally close to both, it appears to actually belong to Silva - The door faces Silva and the land between the barn and Silva farmhouse is tilled. Inside the shed you will find power armor at the power armor station.