
Land with Home for Sale in Bastrop, Texas
315 Riverwood Dr, Bastrop, TX 78602
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!
Location
- Street address
- 315 Riverwood Dr
- County
- Bastrop County
- Zip code
- 78602
- Community
- Riverwood Acres
- School district
- Bastrop ISD
- Elevation
- 343 feet
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
RIVERWOOD ACRES, BLOCK 1, LOT 11, ACRES 1.5230
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
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 9, 2026 | Price drop | $675,000 | $23,000 -3.3% | SMABOR |
| Feb 16, 2026 | New listing | $698,000 | — | SMABOR |










































