Search
Bastrop Riverfront Multi-Unit Property
For Sale
$675,000

315 River wood Dr, Bastrop, TX 78602

Private riverfront estate ideal for living, hosting, or investing.

Days on Market102

Property Features for 315 River wood Dr

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1960
Listing Agency: Texas Landera Realty LLC
Listed By: Patricia Tuffentsamer · License #0465335
Source: Elliman
Added: Apr 21 Changed: Jul 10 Last Checked: Jul 31 at 7:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Landera Realty LLC

Investment Insights

Based on property information with market context.

This multi-generational riverfront estate in Bastrop offers water views and direct river access. The property features a rustic log cabin, suitable as an office, studio, guest space, or potential fourth unit with bath addition. There is a shaded, tree-lined drive and a pavilion, along with two fire pits. The studio apartment includes 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 has antique wood floors, 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, laundry, and a spa-inspired bathroom with a clawfoot tub and leaded glass window. Elevator access is available. Outdoor amenities include the opportunity to fish or launch a kayak from the riverbank. The property is located minutes from Historic Downtown Bastrop, known for boutique shopping and dining. It is suitable for multi-generational living, Airbnb or short-term rental investment, a private riverfront retreat, an event-friendly property, or a work-from-home compound.

Key Highlights

  • Private Riverfront Estate with Direct Access to the Colorado River
  • Versatile Property Suitable for Multi‑Generational Living or Investment (Airbnb/Rental)
  • Multiple Units: Main House with Owner's Suite, 3‑Bedroom Unit, and Rustic Log Cabin (Potential 4th Unit)

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 78602, TX

33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Private riverfront estate ideal for living, hosting, or investing.
Where is this short term rental property located?
The property is located at 315 River wood Dr Bastrop, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Private Riverfront Estate with Direct Access to the Colorado River; Versatile Property Suitable for Multi‑Generational Living or Investment (Airbnb/Rental); Multiple Units: Main House with Owner's Suite, 3‑Bedroom Unit, and Rustic Log Cabin (Potential 4th Unit)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message