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Land with Home for Sale in Bastrop, Texas

315 Riverwood Dr, Bastrop, TX 78602

$675,000
1.52 acres
Active sale
$23k drop
Est $3,964/mo

Tour this one-of-a-kind Colorado River Resort and discover an extraordinary riverfront estate just minutes from Historic Downtown Bastrop. Enjoy hot dogs, snow cones, refreshments, giveaways, and prizes while exploring this incredible property. This private waterfront retreat offers direct Colorado River access, stunning views, and exceptional flexibility for multi-generational living, a family compound, Airbnb, event venue, or private getaway. The property features three separate living spaces plus a rustic log cabin that can serve as an office, studio, guest house, or potential fourth unit. Outdoor amenities include a shaded tree-lined drive, riverside pavilion, two fire pits, fishing, kayaking, and peaceful waterfront relaxation. The studio apartment includes a full kitchen and bath. The three-bedroom residence offers custom tile, an open living area, covered patio, and river views. The luxurious owner's suite features antique wood floors, custom woodwork, a gourmet kitchen, oversized walk-in closet, spa-inspired bath with clawfoot tub, private river-view deck, and elevator access. Whether you're searching for your dream home, income-producing investment, or a unique Texas retreat, this property offers endless possibilities. Don't miss this rare opportunity to own your own private riverfront resort on the Colorado River!

3,222
Sq feet
10
Beds
10
Full baths
1960
Built

Location

Street address
315 Riverwood Dr
Zip code
78602
Community
Riverwood Acres
School district
Bastrop ISD
Elevation
343 feet
Coordinates
30.1235, -97.344

Directions

From Hwy 71 in Bastrop take Hwy 150 thru downtown. Turn Left on Main St to Left on Cedar St. Then Right on Carter then Left on Riverwood. GPS will stop you way before the property. Stay on Riverwood until you see the address on the Mail box and the 'For Sale' sign.

Property details

Acreage
1.523 acres66,342 sq ft
MLS #
SMABOR 604680
Posted

Property taxes

2025
$6,182

Parcels

  • 36915

Legal description

Details and features

Listing

Type
Residential Multi Family
Subtype
Triplex
Unit Count
2

Lot

View
River
Waterfront
Yes
Features
Flood Zone, Mature Trees, One to Three Acres, Outside City Limits

Exterior

Parking
Garage
Pool
Patio
Structures
Outbuilding, Storage
Features
Covered Patio, Dog Run, Elevator, Fire Pit

Structure

Water
Public
Sewer
Public Sewer, Septic Tank
Heating
Central, Propane
Cooling
Central Air, Electric, Window Unit(s)
Materials
Frame
Roof
Metal

Interior

Rooms
Bathroom x 10, Bedroom x 10
Flooring
Hardwood, Tile, Vinyl
Appliances
Cooktop, Double Oven, Electric Range, Gas Cooktop, Gas Water Heater, Range, Refrigerator, Some Electric Appliances, Some Gas Appliances, Tankless Water Heater
Accessibility
Accessible Elevator Installed
Features
Ceiling Fans, Central Vacuum, Eat In Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Kitchenette, Pantry, Separate Shower, Shower Only, Walk In Closets, Window Treatments, Wired For Data

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 9, 2026Price drop$675,000$23,000 -3.3%SMABOR
Feb 16, 2026New listing$698,000SMABOR
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This 1.523-acre property is located at 315 Riverwood Dr in Bastrop, TX 78602. The property is available for sale, priced at $675,000. It has a 3,222 square foot 10-bedroom, 10-bath house built in 1960.

Listed by JPAR - Killeen, (972) 836-9295

Checked 2 hours agoUpdated Source

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