
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
$/Sq Ft
$209
Garage
1 spaces
Listed by Texas Landera Realty LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
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 ZIP 78602 single-family closed-sale median price of $395,000 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
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 listed by Texas Landera Realty LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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2 records on file
Every recorded listing, 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)
Adjustable assumption - not a lending recommendation.
$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. Neighborhood guide reference price
Not available
Days on market
201 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 Sep 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
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.
This page does not assume a mortgage rate or publish a monthly payment for 315 Riverwood DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 315 Riverwood DR is offered at $675,000. The current MLS snapshot shows 323 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.
315 Riverwood DR was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 315 Riverwood DR as waterfront. The reported waterfront feature is River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents 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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