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$698,000 Just Listed
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Property Description
Private Riverfront Retreat on the Colorado River -Shown by APPOINTMENT ONLY---Own your own Private Riverfront Resort on the Colorado River in beautiful Bastrop. This rare multi-generational riverfront estate offers sweeping water views, direct river access, and incredible flexibility for living, hosting, or investing. Versatile property featuring a Rustic Log cabin (ideal office, studio, guest space, or potential 4th unit with bath addition), shaded tree-lined drive "¢ Host memorable gatherings under the pavilion & two fire pits for relaxing evenings. Dreaming of a private waterfront escape, this property delivers unmatched versatility--Studio Apt "¢ Tile & laminate flooring "¢ Full kitchen (range, microwave, refrigerator) "¢Full bath w/ shower "¢ Ideal for guests, rental income, or extended family ---3-Bedrm Unit "¢ Custom tile finishes "¢ Beautiful wood cabinetry -Full kitchen "¢ living & dining area "¢ Full bath "¢Covered patio overlooking backyard & river---Upstairs Owner's Suite "¢Antique wood floors & custom woodwork "¢Private deck w/ breathtaking river views "¢ Gourmet kitchen w/ island cooktop & wall ovens "¢3/4 bath off kitchen "¢ Oversized bedroom w/ built-ins "¢ Huge walk-in closet "¢ Laundry "¢ Spa-inspired bathroom featuring clawfoot tub & leaded glass window---Also has elevator access. Outdoor Lifestyle-From morning coffee on the upper deck to evenings around the fire pits, every detail encourages relaxation and connection with nature"¢ Fish or Launch a Kayak from your own riverbank "¢ Enjoy serene river sounds year-round---Prime Location ---Just mins from Historic Downtown Bastrop, known for boutique shopping, Dining & charming small-town atmosphere along the Colorado River. You get privacy and seclusion without sacrificing convenience. Endless Possibilities "¢Multi-generational living "¢ Short-term rental investment "¢ Private riverfront retreat "¢ Event-friendly property "¢ Multiple parking options & two Laundry rooms. ---This is more than a home - it's a lifestyle.
Full Property Details
Full Property Details for 315 Riverwood Dr
General
- Price: $698,000
- Status: Active
- Type: Triplex
- Source: Central_Texas_MLS
- MLS ID: 604680
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Entrance Foyer, See Remarks, Shower Only, Separate Shower, Wired for Data, Walk-In Closet(s), Window Treatments, Central Vacuum, Eat-in Kitchen, Granite Counters, Kitchen Island, Kitchenette, Pantry
- Fireplace(s): None
- Appliances: Double Oven, Electric Range, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater, Some Electric Appliances, Some Gas Appliances, Cooktop, Range
- Flooring: Ceramic Tile, Hardwood, Vinyl
Rooms
Other Rooms
- Laundry: Laundry in Utility Room, Laundry Room
Additional Information
- Security/Safety: Prewired
Exterior
- Exterior Features: Covered Patio, Dog Run, Elevator, Fire Pit, Other, Storage, See Remarks
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 3
- Parking Features: Attached, Garage
Location
- County: Bastrop
- Subdivision: Riverwood Acres
- Driving 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.
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Wall/Window Unit(s)
- Heating Type: Central, Propane
Utilities
- Electric Available: Yes
- Sewer: Not Connected (at lot), Public Sewer, Septic Tank
- Water: Not Connected (at lot), Public
- Utility Description: Electricity Available, High Speed Internet Available, Separate Meters
Structural Information
- Architectural Style: Hill Country, Log Home
- Construction: Frame, Other, See Remarks
- Roof: Metal
- Windows: Window Treatments
- Stories/Levels: 2
- Square Feet: 3,222
- Sq. Ft. Source: Appraiser
- Living Area: 3,222 Sq. Ft.
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Resale
- Other Struct. Feat.: Elevator(s)
Additional Structures
- Other Structures: Outbuilding, Storage
Lot Features
- Property View: River
- Lot Size (Acres): 1.523
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: River
- Water Front Desc.: Water Access
- Water Front View: Water Access
Financial Considerations
- Terms: Conventional, FHA, Texas Vet
Disclosures and Reports
- Documents Avail.: Disclosure(s), Floorplan, Lead Based Paint Disclosure, Seller's Property Disclosure, Survey
- Legal Description: RIVERWOOD ACRES, BLOCK 1, LOT 11, ACRES 1.5230
- Disclosures/Rstr.: Flood Plain Disclosure, Senior Tax Exemption
- Property ID: 36915
- Block: 1
- Lot Number: 11
Listed by JPAR - New Braunfels
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Schools
Schools serving 315 Riverwood Dr
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Mina Elementary School 1203 Hill Street, Bastrop, TX 78602 | PK-5 | 1.9 mi |
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 0.7 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Riverwood Dr
Date
Details
Price
Change
Source
2/16/2026
Listed
$698,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 Riverwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,465
8%
$393,565
-13%
2023
$5,042
100%
$454,952
—
2023
-100%
$454,356
98%
2021
$4,018
3%
$229,634
-37%
2022
$3,904
-2%
$366,491
68%
2020
$3,976
8%
$218,434
10%
2019
$3,693
—
$197,904
—
2019
$3,693
-11%
$198,848
-6%
2017
$4,129
26%
$211,007
2%
2016
$3,272
-4%
$206,978
5%
2014
$3,407
—
$197,947
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 Riverwood Dr
315 Riverwood Drive, Bastrop, TX 78602 (MLS# 604680) is a Triplex property with 0 bedrooms and 0 full bathrooms. 315 Riverwood Drive is currently listed for $698,000 and was received on February 16, 2026. Want to learn more about 315 Riverwood Drive? Do you have questions about finding other Triplex real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

