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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Private Riverfront Retreat on the Colorado River –Shown by APPOINTMENT ONLY---Own your own Private Riverfront Resort on the Colorado River in beautiful Bastrop. This rare multi-generational riverfront estate offers sweeping water views, direct river access, and incredible flexibility for living, hosting, or investing. Versatile property featuring a Rustic Log cabin (ideal office, studio, guest space, or potential 4th unit with bath addition), shaded tree-lined drive • Host memorable gatherings under the pavilion & two fire pits for relaxing evenings. Dreaming of a private waterfront escape, this property delivers unmatched versatility--Studio Apt • Tile & laminate flooring • Full kitchen (range, microwave, refrigerator) •Full bath w/ shower • Ideal for guests, rental income, or extended family ---3-Bedrm Unit • Custom tile finishes • Beautiful wood cabinetry -Full kitchen • living & dining area • Full bath •Covered patio overlooking backyard & river---Upstairs Owner’s Suite •Antique wood floors & custom woodwork •Private deck w/ breathtaking river views • Gourmet kitchen w/ island cooktop & wall ovens •3/4 bath off kitchen • Oversized bedroom w/ built-ins • Huge walk-in closet • Laundry • Spa-inspired bathroom featuring clawfoot tub & leaded glass window--- Also has elevator access. Outdoor Lifestyle-From morning coffee on the upper deck to evenings around the fire pits, every detail encourages relaxation and connection with nature• Fish or Launch a Kayak from your own riverbank • Enjoy serene river sounds year-round---Prime Location ---Just minutes from Historic Downtown Bastrop, known for boutique shopping, Dining & charming small-town atmosphere along the Colorado River. You get privacy and seclusion without sacrificing convenience. Endless Possibilities •Multi-generational living • Airbnb or short-term rental investment • Private riverfront retreat • Event-friendly property • Work-from-home compound ---This is more than a home — it’s a lifestyle.
Property Type
Residential Income
Year Built
1960
Lot Size
1.52 acres
$/Sq Ft
$209
Garage
10 spaces
Listed by Texas Landera Realty LLC
Verified property facts
315 River wood Dr is listed at $675,000 with 0 bedrooms, 3,222 square feet, 1.52-acre lot. This places it above the 78602 median of $395,000.
315 River wood Dr is zoned for Bastrop ISD with assigned schools: Emile (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.
315 River wood Dr is a Residential Income built in 1960 featuring 0 bedrooms, 3,222 square feet, 1.52-acre lot.
315 River wood Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 315 River wood Dr is $6,182. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listing timeline with current price, original ask, and market time.
Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($135K)
$675,000
Luxury property intelligence
A sourced read on Riverwood Acres pricing, timing, and property scale. No automated valuation claim.
List price
$675,000
Price per sqft
$209/sqft
Vs. Riverwood Acres median
Not available
Days on market
41 days
Original to current
$23K reduction
$698K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($135,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 315 River wood Dr is around $4,018 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $675,000, 315 River wood Dr is in the Riverwood Acres market where there are currently 310 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
315 River wood Dr was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
315 River wood Dr includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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