315 Riverwood DrBastrop, TX 78602

Description

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 Information

Property type

Residential

Sub-type

Single Family Residence

Style

1st Floor Entry / Elevator / Multi-level Floor Plan

Year built

1960

Living area

3,222 Sq Ft

Lot size

1.52 acres

Garage spaces

1

Parking spaces

10

Ownership

Common

Days on market

229

MLS^® Listing#

2196647

Property Features

Interior

Central Vacuum · Eat-in Kitchen · Entrance Foyer · Granite Counters · High Speed Internet · In-Law Floorplan · Kitchen Island · Pantry · Stone Counters · Storage · Laminate Counters

Exterior

Garden · Balcony · Dog Run · Rain Gutters · Kennel · Lighting · Outdoor Grill · Private Yard

Appliances

Cooktop · Dishwasher · Disposal · Dryer · Electric Range · Gas Cooktop · Microwave · Double Oven · Range · Free-Standing Electric Range · Refrigerator · Washer/Dryer · Water Heater · Tankless Water Heater

Cooling

Electric

Heating

Propane

Flooring

Tile · Vinyl · Wood

Pool

None

Parking

Additional Parking · Attached · Carport · Circular Driveway · Covered · Driveway · Garage · Garage Door Opener · Garage Faces Front · Storage

Laundry

Main Level · See Remarks · Upper Level

Patio

Covered · Deck · Patio · Porch · Rear Porch

Fencing

See Remarks

Lot features

Back Yard · Front Yard · Garden · Gentle Sloping · Interior Lot · Sloped Down · Many Trees · Views · Waterfront

Construction

Cedar · Log

Foundation

Slab

Roof

Metal

Windows

Window Treatments

Security

Smoke Detector(s)

Other structures

See Remarks · Guest House · Kennel/Dog Run · Outbuilding · Second Residence · Shed(s) · Workshop

Community

Fishing

Utilities

Electricity Connected · Propane · Sewer Connected · Water Connected

Sewer

Septic Tank

Water source

Private

Schools

Elementary

Emile

Middle

Bastrop

High

Bastrop

Financial Details

HOA

None

Annual taxes

$6,182Tax year 2025

Assessed value

$429,131

Parcel number

36915

Directions

From Hwy 71 in Bastrop take Hwy 150 thru downtown. Turn Left on Main St to Left on Cedar St. Then Right on Carter then Left on Riverwood. GPS will stop you way before the property. Stay on Riverwood until you see the address on the Mail box and the 'For Sale' sign.