
*** 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 Type
Residential
Year Built
1960
Lot Size
1.52 acres
$/Sq Ft
$209
Garage
1 spaces
Listed by Texas Landera Realty LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
315 Riverwood DR is listed at $675,000 with 5 bedrooms, 4 full, 1 half bathrooms, 3,222 square feet, 1.52-acre lot. This places it above the 78602 median of $395,000.
315 Riverwood DR is zoned for Bastrop ISD with assigned schools: Emile (6/10) (elementary), Bastrop (6/10) (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
315 Riverwood DR is a Residential built in 1960 featuring 5 bedrooms, 4 full, 1 half bathrooms, 3,222 square feet, 1.52-acre lot.
315 Riverwood 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 Riverwood 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
2 records on file
Every recorded sale and lease at 315 Riverwood DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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. Ratings from GreatSchools.org.
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
181 days
Original to current
No verified reduction
$675K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#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 Riverwood 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 Riverwood DR is in the Riverwood Acres market where there are currently 339 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 Riverwood DR was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
315 Riverwood DR includes verified waterfront access: River Front,Waterfront. 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.
2 events on record
Current Price
$675,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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