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315 Riverwood Drive Bastrop, TX 78602

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For Sale
$698,000

MULTI_FAMILY - Other - Bastrop, TX

Property size:
3,222 SF
Lot size:
1.52 Acres
Added:
Feb 16, 2026
Days on Market:
44
Last Refresh:
Apr 1 at 9:06 pm

Property Features for 315 Riverwood Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
Garage
Patio and Porch features
Patio
Interior features
CeilingFans, EntranceFoyer, ShowerOnly, SeparateShower, WiredForData, WalkInClosets, WindowTreatments, CentralVacuum, EatInKitchen, GraniteCounters, KitchenIsland, Kitchenette, Pantry
Exterior features
CoveredPatio, DogRun, Elevator, FirePit, Storage
Accessibility
Accessible Elevator Installed
Appliances
DoubleOven, ElectricRange, GasCooktop, GasWaterHeater, Refrigerator, TanklessWaterHeater, SomeElectricAppliances, SomeGasAppliances, Cooktop, Range
Standard status
Active
APN
36915
Size
3,222 SF
Lot size
1.52 Acres

Taxes and HOA fees

TaxYear
2025
TaxDescription
RIVERWOOD ACRES, BLOCK 1, LOT 11, ACRES 1.5230
TaxAnnualAmount
6182

Utilities

Sewer type
Public Sewer, Septic Tank
Heating system
Central, Propane (Heating)
Cooling system
Central Air, Electric, Window Unit(s)
Water source
Public
Water front
1

Building Details

Year built
1960
Floors in Building
2
Number of units
1
Flooring type
Hardwood, Vinyl, Tile
Building materials
Frame
Roof type
Metal
Architectural style
Other
Additional Structures
Outbuilding, Storage

We can help!

Listing Contact
Regina Yockey

Listing agent Regina Yockey License #0707436

Listing office JPAR - New Braunfels 457 Landa Suite J, TX

Listing date Feb 16, 2026

MLS# 604680

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Riverfront Retreat with Income Potential

This riverfront estate on the Colorado River in Bastrop offers water views and river access. The property includes a rustic log cabin suitable as an office, studio, guest space, or potential fourth unit with bath addition. The property also features a shaded, tree-lined drive, a pavilion, and two fire pits. The studio apartment has tile and laminate flooring, a full kitchen with a range, microwave, and refrigerator, and a full bath with a shower, making it suitable for guests, rental income, or extended family. The three-bedroom unit features custom tile finishes, wood cabinetry, a full kitchen, a living and dining area, a full bath, and a covered patio overlooking the backyard and river. The upstairs owner's suite includes antique wood floors and custom woodwork, a private deck with river views, a gourmet kitchen with an island cooktop and wall ovens, a 3/4 bath off the kitchen, an oversized bedroom with built-ins, a walk-in closet, a laundry room, and a spa-inspired bathroom with a clawfoot tub and leaded glass window. Elevator access is also available. The property is situated on 1.523 acres. The property is located minutes from Historic Downtown Bastrop, known for boutique shopping and dining. The property offers multi-generational living, short-term rental investment, a private riverfront retreat, and event-friendly possibilities. Multiple parking options and two laundry rooms are available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bastrop
County
Bastrop
State
Texas
Longitude
-97.3437021
Latitude
30.1230676

FAQs

What type of property is this?
Residential income property - Versatile riverfront property in Bastrop, ideal for living or investment.
Where is this residential income property located?
The property is located at 315 Riverwood Drive Bastrop, TX.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Private Colorado Riverfront estate with direct river access and sweeping water views; Versatile property suitable for multi‑generational living, short‑term rental investment, or private retreat; **Main residence boasts an owner's suite with a private deck, gourmet kitchen, and spa‑inspired bathroom with clawfoot tub, plus a separate studio apartment and 3‑bedroom unit**
More about this property
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