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Colony Riverside Homes for Sale

Colony Riverside is a small, established neighborhood in Bastrop County, set along the Colorado River corridor where the loblolly pines of the Lost Pines region give the landscape a character unlike anything else east of Austin. The community sits roughly 35 miles from downtown Austin, close enough for practical commuting while maintaining the genuine quiet and generous lot sizes that draw buyers out to Bastrop County in the first place. Homes here reflect the area's rural roots, and the river access that gives the neighborhood its name shapes everyday life in ways that are hard to replicate in denser parts of the metro. Buyers who have been searching for something more grounded and less crowded than the western Hill Country submarkets often find that Colony Riverside and the broader Bastrop area offer something genuinely compelling. Community | Schools | Market Overview | Getting Around | Outdoor Life | FAQs

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Recent Sales in This Area

4 bed, 3 bath, residential lease at 119 James Rose LN, Bastrop TX 78602, Bastrop TX Off Market
Sold Dec 2025
4 bd 3 ba 2,443 sqft
119 James Rose LN, Bastrop TX 78602 Bastrop, TX 78602
4 bed, 3 bath, residential lease at 103 Edwin Mitchell TRL, Bastrop TX 78602, Bastrop TX Off Market
Sold Apr 2025
4 bd 3 ba 2,623 sqft
103 Edwin Mitchell TRL, Bastrop TX 78602 Bastrop, TX 78602
3 bed, 2 bath, residential lease at 111 Samuel Blair PASS, Bastrop TX 78602, Bastrop TX Off Market
Sold Apr 2025
3 bd 2 ba 1,950 sqft
111 Samuel Blair PASS, Bastrop TX 78602 Bastrop, TX 78602
4 bed, 4 bath, residential at 109 Isaac White DR, Bastrop TX 78602, Bastrop TX Off Market
Sold Feb 2025
4 bd 4 ba 3,440 sqft
109 Isaac White DR, Bastrop TX 78602 Bastrop, TX 78602
4 bed, 3 bath, residential at 105 Asa Walker DR, Bastrop TX 78602, Bastrop TX Off Market
Sold Dec 2024
4 bd 3 ba 2,511 sqft
105 Asa Walker DR, Bastrop TX 78602 Bastrop, TX 78602

About Colony Riverside Homes for Sale

Colony Riverside: Life Along the Colorado River

Colony Riverside occupies a quiet stretch of Bastrop County where the Colorado River defines both the terrain and the tone of the neighborhood. This is not a master-planned community with a grand entrance and a long list of deed restrictions. It is a small, established area where properties tend to sit on larger parcels, the tree canopy is mature, and the river is never far from reach. The surrounding landscape is defined by the loblolly pines of the Lost Pines region, a stand of trees that exists here as a biological island separated from the East Texas Piney Woods. That unusual ecology gives Colony Riverside a sense of place that feels genuinely distinct from the cedar and oak country of the Hill Country to the west.

Homes in Colony Riverside reflect the area's rural character: ranch-style floor plans, single-story layouts on roomy lots, and a mix of original construction and updated properties that have been renovated over time. There are no high-density townhome clusters here, no shared walls. The neighborhood's modest scale means less traffic, fewer neighbors, and the natural quiet that buyers specifically seek when they start looking east of Austin rather than west. If you have been browsing Austin area homes for sale and feel like everything within the metro is too congested or too expensive for the space you actually want, Colony Riverside offers a genuinely different way to own in Central Texas.

Schools Serving Colony Riverside

Colony Riverside falls within the Bastrop Independent School District, the public school district that serves most of Bastrop County. Bastrop ISD operates a traditional campus structure, with elementary, intermediate, middle, and high school campuses serving the district's student population. Students in Colony Riverside typically attend schools tied to the eastern portions of the district given the neighborhood's location along the river corridor near the city of Bastrop.

Bastrop High School anchors the district's secondary programming and offers a range of career and technical education pathways alongside core academics. The city of Bastrop also provides access to private schooling alternatives and a handful of charter options within a manageable drive, giving residents several educational paths to consider. The proximity to Bastrop means students in Colony Riverside are not facing the long rural drives that affect households in more remote corners of the county.

Colony Riverside Real Estate Market

Colony Riverside is a small neighborhood by any measure, which means sales volume is naturally modest and each transaction carries real weight in understanding what the market is doing. The buyers who do pursue homes here tend to come with a specific purpose in mind, drawn to the river setting, the lot sizes, and the Bastrop County location rather than stumbling into the area through a broad metro search. That focused demand generally keeps pricing tethered to what the land, the location, and the river access actually justify.

The Bastrop County market sits at a different price point than Travis County or the western Hill Country suburbs, making Colony Riverside accessible to buyers who might be priced out of comparable acreage closer to Austin. For buyers who have looked at similar river-corridor communities across Central Texas, the value proposition here is real, particularly when you factor in lot size and natural setting relative to what you would pay in neighborhoods inside the metro. Neuhaus Realty Group tracks this market closely and can walk you through current conditions before you write an offer.

Getting Around Colony Riverside

Colony Riverside is positioned in Bastrop County at roughly 35 to 40 miles from downtown Austin, with the exact travel time varying considerably depending on departure time and route. Texas Highway 71 is the main corridor connecting this part of Bastrop County to the Austin metro, running through the city of Bastrop before heading west through Bastrop State Park and eventually meeting the Austin-Bergstrom International Airport corridor. Off-peak driving times are reasonable; rush hour on Highway 71 between Bastrop and the airport stretch can add meaningful time to the trip.

The city of Bastrop is the practical commercial center for residents of Colony Riverside, providing grocery stores, medical facilities, hardware and home improvement stores, and a historic downtown with local restaurants and retail. For a broader range of options, the Buda and Kyle corridor is reachable via Highway 71 west and south, and the Austin tech and medical corridors are accessible with enough lead time. Elgin to the north along Highway 290 also covers everyday needs and adds another practical option for quick errands without heading all the way toward Austin.

Outdoor Life Near Colony Riverside

The Colorado River is Colony Riverside's defining natural feature, offering fishing, kayaking, canoeing, and waterfront recreation that most Central Texas neighborhoods cannot provide from their own backyards. The river corridor here is largely undeveloped, which preserves the experience of being genuinely out in nature rather than at a manicured lakefront with boat traffic and crowds. For residents who orient their lives around the outdoors, that access is not a small detail.

Bastrop State Park sits just a short drive away, occupying a celebrated stretch of the Lost Pines forest where hiking trails wind through pine and cedar woodland along the park's signature landscape. The park includes camping facilities, a swimming area, and trail systems that make it a genuine destination rather than just a local greenway. The broader Bastrop County area offers additional outdoor recreation through the Colorado River corridor that extends south toward Smithville, where the river bends through another stretch of largely undisturbed river country.

Buyers comparing Colony Riverside to other Bastrop County options often look at Cedar Creek and Smithville as well, both of which offer their own versions of rural river living with slightly different characters. Elgin to the north leans more agricultural and has its own historic downtown, while Red Rock and McDade represent even more rural options for buyers prioritizing acreage above all else. Each community in Bastrop County has a distinct personality, and the team at Neuhaus Realty Group knows this corridor well enough to help you find the right fit among them.

Frequently Asked Questions

What school district serves Colony Riverside?
Colony Riverside is served by Bastrop Independent School District. Bastrop ISD operates elementary through high school campuses centered on the city of Bastrop, and students in Colony Riverside attend schools in the eastern portion of the district. Bastrop High School is the district's main secondary campus, offering career and technical education programs alongside core academics.
How far is Colony Riverside from downtown Austin?
Colony Riverside sits roughly 35 to 40 miles from downtown Austin in Bastrop County. The primary route is Texas Highway 71 west through Bastrop and toward the Austin airport corridor. Off-peak commutes are manageable, though rush hour traffic on the Highway 71 stretch between Bastrop and Austin can extend travel times noticeably.
How does Colony Riverside compare in price to neighborhoods closer to Austin?
Colony Riverside and Bastrop County in general sit at a more accessible price point than comparable properties in Travis County or the western Hill Country suburbs. Buyers typically get more land and more privacy per dollar than they would find in neighborhoods closer to Austin. The tradeoff is the longer commute distance and fewer walkable urban amenities nearby.
What are property taxes like in Bastrop County?
Bastrop County property tax rates typically fall in the range of 1.7 to 2.1 percent of appraised value, combining county, school district, and special district levies. Rates vary slightly depending on the specific taxing entities that apply to a given parcel. Your Neuhaus Realty Group agent can help you estimate the tax burden on any specific property before you make an offer.
What outdoor activities are available near Colony Riverside?
The Colorado River runs through the area and offers fishing, kayaking, and riverfront recreation accessible to Colony Riverside residents. Bastrop State Park is a short drive away and provides hiking trails, camping, and a swimming area within the Lost Pines ecosystem. The broader river corridor extends toward Smithville and offers additional access to undeveloped river country throughout the area.
What types of homes are available in Colony Riverside?
Colony Riverside is a small, established neighborhood with a mix of ranch-style single-story homes and updated properties on larger lots. New construction is limited here; most of what sells is existing inventory. Lot sizes tend to be generous compared to what you would find in suburban subdivisions closer to Austin, which is a primary draw for buyers who want more space and separation between properties.
Are there HOA fees in Colony Riverside?
Colony Riverside is a small established neighborhood without the formal master-planned HOA structure common in newer Austin-area developments. Buyers should verify the presence of any deed restrictions or neighborhood association assessments specific to a given property with their agent and title company during the due diligence period.
What nearby cities should I consider alongside Colony Riverside?
Buyers interested in Colony Riverside often compare notes on the surrounding Bastrop County communities. The city of Bastrop offers a historic downtown and more urban amenities with a similar river-country setting. Cedar Creek and Smithville are both worth considering for buyers who want a slightly different version of rural river living in Bastrop County. Elgin is a reasonable alternative to the north for buyers who prefer the Highway 290 corridor toward Austin.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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