Ashwood is a small unincorporated community in Matagorda County, Texas, United States.

Ashwood is along FM 1728 about 13 miles (21 km) north of Bay City in northeastern Matagorda County.

[2] Caney Creek flows south on the west side of the community.

[3] The New York, Texas and Mexican Railway reached Ashwood about 1899–1900 when a branch was built from Wharton to Van Vleck.

Annie M. Smith became the postmaster in 1916 and continued to hold the position until the post office was closed in 1952.