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Investment Highlights

  • MARKET BID OPPORTUNITY
  • Located Within a Proven Texas Lake and Leisure Destination with Resort, Second-Home, Drive-To, and Recreation-Oriented Demand Drivers.
  • Potential PID & TIRZ financing may help reduce eligible infrastructure costs.
  • Approved mixed-use resort development combining hospitality, residential, commercial, and amenity uses in one integrated destination.
  • Execution-Ready: Approved PUD, Development Agreement, Engineering, Planning, and Supporting Diligence Significantly Reduce Pre-Development Uncertainty

Executive Summary

Leisure Investment Properties Group is pleased to exclusively offer the opportunity to acquire Monarch Resort & Villages, an entitled mixed-use resort village development platform adjacent to Horseshoe Bay Resort, in the city of Cottonwood Shores, one of Texas’ established lake, leisure and second-home destinations.
The approved framework contemplates an integrated resort village anchored by outdoor hospitality, glamping, residential townhomes, commercial village uses, and a central amenity environment. Rather than functioning as separate land uses, these components are intended to operate as a connected destination, with shared demand generated through resort amenities, guest activity, residential use, and visitor-serving commercial programming.
Monarch has advanced beyond conceptual planning. The project benefits from an approved PUD framework, municipal coordination, public finance documentation, infrastructure planning, and supporting diligence materials. Future ownership will retain meaningful flexibility to determine capitalization, phasing, product refinement, operator strategy, branding, partnerships, and ultimate execution.
For qualified purchasers, Monarch offers a rare combination of established resort-market context, approved mixed-use development capacity, and strategic optionality within a high-growth Texas leisure corridor.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 81.41 AC

1 Lot Available

Lot

Lot Size 81.41 AC

Entitled 81.41-acre mixed-use resort village development adjacent to Horseshoe Bay Resort in Cottonwood Shores. Approved PUD framework supports hospitality, residential, commercial, and amenity uses with flexible future phasing and execution.

Description

The property consists of approximately 81.41 acres located on Ridge View Drive in Cottonwood Shores, Burnet County, Texas. The site is situated near Marble Falls and Horseshoe Bay and has access to regional transportation routes serving the Highland Lakes area. Surrounding land uses include residential, recreational, and commercial development associated with the local lake-oriented market.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 10247
  • 14362
  • 103167
  • 14364
  • 10243
  • 14363
Land Assessment
$1,423,135 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,423,135 CAD
  • Listing ID: 41636001

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 0 Ridge View Dr, Cottonwood Shores, TX 78657

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