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$675,000

  • For Sale
  • Active
  • Triplex
  • 3,222 Sq. Ft.
  • 1.523 Acres
  • 1 Car Garage
  • Updated 1 day ago
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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!

Full Property Details for 315 Riverwood Dr

General

  • Price: $675,000
  • Status: Active
  • Type: Triplex
  • Source: Central_Texas_MLS
  • MLS ID: 604680
  • Updated: 8/6/2026
  • Added to Site: 173 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, Homestead Exemption, Senior Tax Exemption
  • Property ID: 36915
  • Block: 1
  • Lot Number: 11

Listed by JPAR - Killeen

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Listing agent

— 315 Riverwood Dr —

  • JPAR - Killeen

(800) 683-5651

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 315 Riverwood Dr

School District:Bastrop Independent School District
NameGradesDistance
Mina Elementary School
1203 Hill Street, Bastrop, TX 78602
PK-51.9 mi
Bastrop Middle School
725 Old Austin Highway, Bastrop, TX 78602
7-80.7 mi
Bastrop High School
1614 Chambers Street, Bastrop, TX 78602
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 Riverwood Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/09/2026
Price Reduced
$675,000
-3.3%
MLS
2/16/2026
Listed
$698,000
—
MLS
Get Price Alerts and Save Property
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 for 315 Riverwood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,434
-12%
$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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by JPAR - Killeen

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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 $675,000 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.

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