315 Riverwood DR, Bastrop TX 78602

Bastrop, TX 78602 | Riverwood Acres

$675,000 $209/sqft ▼ $23,000 (3.3%)
5 Beds
5 Baths 4 Full, 1 Half
3,222 Sq Ft
1.523 Acres
1960 Built
1 Garage

About This Property

LIVE. GATHER. INVEST. ESCAPE. Imagine waking up on the Colorado River, kayaking in the afternoon, gathering around the fire at sunset, and hosting family and friends beneath your private riverside pavilion. Seller offering to pay up to $13,000 toward Buyer's Closing Costs! MOTIVATED SELLER—BRING US AN OFFER!

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.

A shaded, tree-lined drive leads to this serene retreat featuring a private pavilion, two fire pits, and a peaceful riverbank perfect for fishing, kayaking, or relaxing by the water. The versatile rustic log cabin offers potential as a studio, guest space, or fourth unit with the addition of a bath.

The studio includes a full kitchen with range, microwave, and refrigerator plus a full bath with shower—ideal for guests, extended family, or rental income. The 3-bedroom unit features custom tile finishes, full kitchen, open living and dining area, full bath, and covered patio overlooking the backyard and river.

Upstairs, the owner's suite showcases antique wood floors, custom woodwork, a private deck with breathtaking river views, and a gourmet kitchen with island cooktop and wall ovens. Additional features include a spacious bedroom with built-ins, oversized walk-in closet, laundry area, 3/4 bath, and spa-inspired primary bath with clawfoot tub and leaded-glass window. Elevator access adds convenience to the upper level.

From morning coffee on the deck to evenings around the fire, every space embraces the river lifestyle. Just minutes from historic downtown Bastrop, enjoy shopping, dining, and small-town charm while maintaining privacy and seclusion. Endless possibilities for multi-generational living, short-term rental income, private retreats, or event hosting.

Property Highlights

Waterfront Colorado River · River Front, Waterfront
View River

Features

  • Vaulted Ceiling(s)
  • Central Vacuum
  • Eat-in Kitchen
  • Entrance Foyer
  • Granite Counters
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Pantry
  • Stone Counters
  • Storage
  • Interior Steps
  • Electric Dryer Hookup
  • Multiple Living Areas
  • Multiple Dining Areas
  • Washer Hookup
  • Laminate Counters
  • Study/Home Office

Location

Schools

School District Bastrop ISD
Elementary Emile
Middle School Bastrop
High School Bastrop

Property Details

Property Type Residential
Construction Cedar, Log
Roof Metal
Foundation Slab
Levels Two
Flooring No Carpet, Tile, Vinyl, Wood
Cooling Electric
Heating Propane
Exterior Balcony, Dog Run, Exterior Steps, Gutters Partial, Kennel, Lighting, Outdoor Grill, Private Yard
County Bastrop
MLS # 2196647
Garage 1 spaces (Attached)
Parking 10 spaces: Additional Parking, Attached, Carport, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener, Garage Faces Front, Storage
Windows Window Treatments
Security Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Back Yard, Front Yard, Garden, Gentle Sloping, Interior Lot, Sloped Down, Trees-Large (Over 40 Ft), Many Trees, Trees-Moderate, Views
Patio & Porch Covered, Deck, Patio, Porch, Rear Porch
Other Structures Guest House, Kennel/Dog Run, Outbuilding, Second Residence, Shed(s), Workshop
Water Private
Sewer Septic Tank
Utilities Electricity Connected, Propane, Sewer Connected, Water Connected

HOA & Community

Community Features See Remarks, Fishing, Laundry Facility(s), Tenant Access Cargo Elevator

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Tax Information

Annual Taxes (MLS) $6,182 (2025)
Assessed Value $429,131
Exemptions Homestead, Over 65

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, FHA, Texas Vet, VA Loan
Sale Type Standard
Possession Close Of Escrow, Funding
Disclosures Seller Disclosure, Seller Provided Survey Available

Listing History

MLS# 2196647 - Updated Oct 4, 2026 224 days
May 9, 2026 Price Change $675,000
Feb 16, 2026 Listed Listing Courtesy of Texas Landera Realty LLC - LanderaRealty@​gmail.com $698,000

Frequently Asked Questions About 315 Riverwood DR, Bastrop TX 78602

When was 315 Riverwood DR, Bastrop TX 78602 built?

315 Riverwood DR, Bastrop TX 78602 was built in 1960. It is cedar, log construction with 3,222 square feet on a 1.523 acre lot.

How much does 315 Riverwood DR, Bastrop TX 78602 cost?

315 Riverwood DR, Bastrop TX 78602 is listed for sale at $675,000. That is $209 per square foot.

How many bedrooms and bathrooms does 315 Riverwood DR, Bastrop TX 78602 have?

315 Riverwood DR, Bastrop TX 78602 has 5 bedrooms and 5 bathrooms (4 full, 1 half) with 3,222 square feet of living space.

What school district is 315 Riverwood DR, Bastrop TX 78602 in?

315 Riverwood DR, Bastrop TX 78602 is in the Bastrop ISD school district. Assigned schools include Emile (elementary), Bastrop (middle), Bastrop (high school).

What are the property taxes on 315 Riverwood DR, Bastrop TX 78602?

The annual property taxes on 315 Riverwood DR, Bastrop TX 78602 are $6,182 (as of 2025). The tax assessed value is $429,131.

How big is the lot at 315 Riverwood DR, Bastrop TX 78602?

The lot at 315 Riverwood DR, Bastrop TX 78602 is 1.523 acres, and the home has 3,222 square feet of living space.

What type of property is 315 Riverwood DR, Bastrop TX 78602?

315 Riverwood DR, Bastrop TX 78602 is a residential property on a slab foundation.

Does 315 Riverwood DR, Bastrop TX 78602 have a garage?

Yes, 315 Riverwood DR, Bastrop TX 78602 has a 1-car garage (attached). Parking features include additional parking, attached, carport, circular driveway, covered, driveway, garage, garage door opener, garage faces front, storage.

Is 315 Riverwood DR, Bastrop TX 78602 waterfront?

Yes, 315 Riverwood DR, Bastrop TX 78602 is a waterfront property on Colorado River. Waterfront features include river front, waterfront.

What subdivision is 315 Riverwood DR, Bastrop TX 78602 in?

315 Riverwood DR, Bastrop TX 78602 is located in the Riverwood Acres subdivision in Bastrop, TX. Community features include see remarks, fishing, laundry facility(s), tenant access cargo elevator.

How long was 315 Riverwood DR, Bastrop TX 78602 on the market?

315 Riverwood DR, Bastrop TX 78602 was on the market for 224 days, listed on February 16, 2026.

What heating and cooling does 315 Riverwood DR, Bastrop TX 78602 have?

315 Riverwood DR, Bastrop TX 78602 has propane heating and electric cooling.

What are the roof and foundation at 315 Riverwood DR, Bastrop TX 78602?

The listing reports a metal roof and a slab foundation at 315 Riverwood DR, Bastrop TX 78602.

What financing does the seller of 315 Riverwood DR, Bastrop TX 78602 accept?

The listing says the seller accepts cash, conventional, fha, texas vet, va loan financing.

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