New housing development proposed for SE Paris

March 22, 2025

 

 

eExtraNews reached out to developer Zachary Bergenoltz and asked when the project may begin. Zach said, “This year.  Our target start date is August 2025.  I already have 10 of the lots approved and platted. “

Invest Lamar LLC, led by 30-year-old entrepreneur and rising star in real estate development Zachary Bergenholtz, is proud to announce its proposed 41-home, energy-efficient housing development on an over 5-acre tract in the SE Sycamore Area of Paris. This $10 million investment aligns with the City of Paris’s Housing Market Analysis, addressing the substantial shortage of single-family homes while furthering the company’s mission to invest in and develop properties in emerging markets.

“While other Dallas area developers focus on the larger local cities my investors and I are focused on the smaller emerging markets housing needs.  As an entrepreneur focused on long-term community growth, my goal is to provide high-quality, energy-efficient homes that meet the needs of today’s families while contributing to the economic vitality of Paris,” said Zachary Bergenholtz, founder of Invest Lamar LLC. “This development will offer affordable living with a strong emphasis on sustainability and community connection.  My homes will provide a savings of about $1,000 a year from the energy efficiencies.”

Project Highlights:

  • 41 Energy-Efficient Homes: These homes will provide approximately 40% savings in utility costs compared to traditional homes. They will feature air-sealed designs, meet Energy Star and Department of Energy certification standards, and qualify for federal green tax credits.
  • Modern Home Features: Each home will come standard with high-rated HVAC systems, energy-efficient windows and doors, granite countertops, appliances, and a tankless water heater to ensure long-term savings.
  • Community Amenities: The development will include a pond, a community park, and a walkable path to a Northeast Texas Trail just three minutes away to enhance neighborhood life.
  • Job Creation: The project will offer local skilled labor jobs, including jobs for concrete, framing, and roofing crews, supporting both the initial project and future developments in Paris.   The company welcomes job inquiries and intends to hire local skilled labor.
  • Timeline: Groundbreaking is expected by year’s end. Phase 1 will conclude in early 2026, and full project completion is projected for 2027.

“We are excited to not only build highly energy efficient homes but to foster a vibrant community that will be a lasting asset to Paris,” said Steve Bergenholtz. “Our commitment extends beyond construction—we aim to contribute to the local economy and offer lasting value for residents.  We look forward to the support from the City of Paris as we lead development efforts to bring new quality homes to the city that are supported by the City’s housing study.”

Invest Fannin LLC, hired Andrew Mack, a former City of Paris building official, to ensure the project meets and exceeds city standards. Mack’s expertise will guide the project through regulatory processes.

The development will attract a diverse range of residents seeking high-quality and affordable housing options.

About Invest Lamar LLC: Founded by 30-year-old Zachary Bergenholtz, a rising star in Dallas’s real estate investment and development sector, Invest Lamar LLC, is dedicated to creating sustainable, high-quality housing solutions that strengthen communities and drive economic growth. Bergenholtz specializes in real estate investments and land acquisitions, focusing on both short-term and long-term development opportunities. The company actively acquires properties for both development and infill housing projects across Collin, Grayson, Fannin, and Lamar Counties. Invest Lamar LLC is targeting 40+ new energy efficient homes per year and welcomes inquiries from realtors, property owners, and skilled job seekers looking to join its growing projects.

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