ActiveMLS# 2196647
$675,000
1.52 Acres · Residential · $443,204/acre
315 Riverwood Dr
Bastrop, TX 78602 (Bastrop County)
5
Bedrooms
5
Bathrooms
3,222
Sq Ft
1960
Year Built

About this property

Own your own private Rriverfront 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, kayaking, or simply enjoying the natural surroundings. 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.

Property details

Property TypeResidential
Acreage1.523 acres
StatusActive
Days on Market119 days
ListedFebruary 16, 2026
CountyBastrop
ZIP Code78602
Living Area3,222 sq ft
Price per Acre$443,204/acre
Year Built1960
Stories1
Garage Spaces1
SubdivisionRiverwood Acres
WaterfrontYes
HOANo
FencingSee Remarks
ViewRiver
MLS Number2196647
Listed ByTexas Landera Realty LLC

Location

Area & Lifestyle

About the Area

315 Riverwood Dr is located in Bastrop, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.

The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.

Bastrop had an estimated population of 10,484 as of 2023. The 78602 zip code has a median household income of $86,976, a median home value of $310,300, and a median age of 38.1. The average household size is 2.67 people.

Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Texas Landera Realty LLC.

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Barron Johnson
Broker Associate · Spyglass Realty