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    Bastrop, TX
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    Cedar Creek, TX Smithville, TX Paige, TX Mcdade, TX Red Rock, TX Elgin, TX Webberville, TX Flatonia, TX
    Riverfront Multifamily Estate
    Updated: Feb 16
    Riverfront Multifamily Estate

    315 Riverwood Drive, Bastrop, TX 78602

    $675,000
    3,222 sqft 1.52 AC lot
    Direct Colorado River access with river views and waterfront outdoor amenities including a riverside pavilion and fishing/kayaking
    Three separate living spaces plus a rustic log cabin that can be used as an office, studio, guest house, or potential fourth unit
    Owner’s suite with spa‑inspired bath (clawfoot tub), oversized walk‑in closet, private river‑view deck, and elevator access
    Studio apartment includes a full kitchen and bath
    Three‑bedroom residence features granite counters, kitchen island, covered patio, and custom tile finishes
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    This listing looks promising.

    Here's a quick look at some key insights for

    315 Riverwood Drive, Bastrop, TX 78602

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $772K
      Above asking

    • Property Type

      Single Family Residence
      Built 2009
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bastrop, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Producing Triplex with Renovated Unit
    Income-Producing Triplex with Renovated Unit

    401 S 40th Street, Killeen, TX 76543

    $165,000
    2,100 sqft 0.15 AC lot

    Triplex offers a brand-new roof and renovated Unit B with two units currently tenant-occupied.

    View details
    Well-Maintained Income Triplex
    Well-Maintained Income Triplex

    401 S 40TH KILLEEN TX 76543, Killeen, TX 76543

    $165,000
    2,100 sqft

    A maintained triplex with tenant-occupied Units A and C and a newly renovated Unit B.

    View details
    Austin Triplex Near East Riverside
    Austin Triplex Near East Riverside

    6107 Palm Cir, Austin, TX 78741

    $990,000
    0.13 AC lot

    Triplex with rental income potential near Downtown and East Riverside.

    View details
    Updated Triplex in Montopolis
    Updated Triplex in Montopolis

    901 Valdez St 1-3, Austin, TX 78741

    $599,000
    0.17 AC lot

    Updated triplex near the airport, ACC, and Lady Bird Lake.

    View details

    Bastrop, TX Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Bastrop, TX on our real estate platform. These investment opportunities span a total of 3,222 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for three-family homes in Bastrop, TX average $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Mobile home & RV parks 3
    Quadplexes 2
    Short term rental properties 2
    Apartment buildings 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +28.0%
    Median Household Income $86,976
    College Educated 35.3%

    Taxes & Financing

    Tax Rate (average for all types) 12.18%
    Property Tax per SF $2.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bastrop County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bastrop County

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