Our Portfolio
The Promontory, Cedar Hill
Paramount developed Cedar Hill’s first private gated community, called The Promontory, with 17 luxury estate homes valued from $1 million to $5.6 million. The highly deed restricted estates encompass a total of 118 acres with lake view sites and wooded lots. The community is minutes from Joe Pool Lake and Marina,
restaurant and Cedar Hill State Park.
Interstate 20, Weatherford
6 acres acquired in March 2004 along I-20 frontage road, 1/3 mile east of Hwy 51 (Main St.) was sold in 2006 to Holiday Inn. Surrounding area is multifamily, office and a major retail development featuring a Super Target, Lowes, Kohl’s, as well as many national retailers.
IRR: 21%
104 Clark, Cedar Hill
7 acres located in the heart of retail activity at a major thoroughfare at Beltline and Clark Road. Visible from US Hwy 67. Future planned for mixed use including 25,000 square feet of retail, four office buildings, and a mini warehouse facility.
Estimated developed value is $7.5 million.