315 Riverwood DR Bastrop, TX 78602 Price Dropped by $23K

UPDATED: 06/28/2026 11:21 PM ON MARKET: 136 days on market

$675,000

5 Beds4.5 Baths3,222 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,222 sqft

Price per Sqft $209

Subdivision Riverwood Acres

MLS Listing ID 2196647

Style 1st Floor Entry,Elevator,Multi-level Floor Plan

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1960

Annual Tax Amount $6,181

Tax Year 2025

Lot Size 1.523 Acres

Acres 1.523

Property Sub-Type Single Family Residence

Source actris

Property Description

MOTIVATED SELLER ---Own your own private Riverfront Resort on the beautiful Colorado River in Bastrop. This rare multi-generational estate offers sweeping water views, direct river access, and exceptional flexibility for living, hosting, or investment.
The property features a versatile rustic log cabin ideal for use as an office, studio, guest space, or potential fourth unit with the addition of a bath.
A shaded, tree-lined drive leads you through this serene setting designed for relaxation and connection. Outdoor amenities include a pavilion for entertaining, two fire pits for evening gatherings, and a peaceful riverbank perfect for fishing or kayaking.The studio apartment includes t a full kitchen with range, microwave, and refrigerator, and a full bath with shower—ideal for guests, rental income, or extended family. The three-bedroom unit showcases custom tile finishes, a full kitchen, and an open living and dining area with a full bath and covered patio overlooking the backyard and river. The upstairs owner's suite offers antique wood floors, custom woodwork, a private deck with breathtaking river views, and a gourmet kitchen featuring an island cooktop and wall ovens. Additional highlights include a spacious bedroom with built-ins, oversized walk-in closet, laundry area, 3/4 bath off the kitchen, and a spa-inspired bathroom with claw foot tub and leaded glass window. Elevator access adds convenience throughout the home. From morning coffee on the upper deck to evenings around the fire pits, every space is designed to embrace the river lifestyle. Located just minutes from historic downtown Bastrop, residents enjoy boutique shopping, dining, and small-town charm along the Colorado River while maintaining privacy and seclusion. Endless possibilities include multi-generational living, Airbnb or short-term rental income, private retreat use, event hosting, or a work-from-home compound. This is more than a home—it's a lifestyle.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 07/02/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Data last updated: 07/02/2026 18:17