5 bed, 4 bath, 3,222 sqft on 1.52 acres in Bastrop. Bastrop, TX 78602. $648,000. Bastrop ISD.
About This Home
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 Type
- Residential
- Year Built
- 1960
- Lot Size
- 1.52 acres
- Price / Sq Ft
- $201
- Garage
- 1 spaces
Listing information last updated October 10, 2026.
Listed by Texas Landera Realty LLC
MLS# 2196647 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling-Vaulted
- Central Vacuum
- Eat-in Kitchen
- Entrance Foyer
- Granite Counters
- High Speed Internet
- In-Law Floorplan
- Kitchen Island
- Pantry
- Stone Counters
- Storage
- Interior Steps
- Multiple Living Areas
- Multiple Dining Areas
- Laminate Counters
- Study
- Home Office
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Gas Cooktop
- Microwave
- Double Oven
- Range
- Free-Standing Electric Range
- Refrigerator
- Washer
- Dryer
- Water Heater
- Tankless Water Heater
- No Carpet
- Tile
- Vinyl
- Wood
- Heating
- Propane
- Cooling
- Electric
Exterior & Lot
- Balcony
- Dog Run
- Exterior Steps
- Rain Gutters
- Kennel
- Lighting
- Outdoor Grill
- Private Yard
- Cedar
- Log
- Back Yard
- Front Yard
- Garden
- Gentle Sloping
- Interior Lot
- Sloped Down
- Trees-Large (Over 40 Ft)
- Many Trees
- Trees-Moderate
- Views
- Slab
- Covered
- Deck
- Patio
- Porch
- Rear Porch
- Roof
- Metal
- Lot Size
- 1.52 Acres
- Additional Parking
- Attached
- Carport
- Circular Driveway
- Covered
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Storage
- Garage Spaces
- 1
- River Front
- Waterfront
Financial
- Original List Price
- $698,000
- Price per Sq Ft
- $201
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 315 Riverwood DR, whoever represented it.
- ActiveListed 2026Current price: $648,000Original list: $698,000MLS 9355935
- ActiveListed 2026Current price: $648,000Original list: $698,000MLS 2196647
- Price changed · May 9, 2026$675,000
- Price changed · October 7, 2026$648,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $648,000
- Original list
- $698,000
- Price movement
- $50K reduction
- Listed / DOM
- Feb 16, 2026 · 242 days
Zoned Schools
Bastrop ISD
Bastrop
Bastrop
Emile
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($130K)
Adjustable assumption - not a lending recommendation.
$648,000
Luxury property intelligence
Keenan Market Position
A sourced read on Bastrop pricing, timing, and property scale. No automated valuation claim.
List price
$648,000
Price per sqft
$201/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
242 days
Original to current
$50K reduction
$698K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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