Bastrop, TX 78602 (Bastrop County)
About this property
*** Buyer Incentive: Seller offering to pay up to $13,000 towards a 2-1 Buy-down for the Buyers- flyer in photos***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 claw foot 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!
Property details
Location
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.