| Caracol River | |
| Pushpin Map: | Brazil |
| Pushpin Map Caption: | Mouth location in Brazil |
| River System: | Caí River |
| Mouth Coordinates: | -29.288°N -50.8899°W |
| Subdivision Type1: | Country |
| Subdivision Name1: | Brazil |
The Caracol River pt|Arroio Caracol is a river in the state of Rio Grande do Sul, Brazil. It is a tributary of the Caí River.
The Caracol River is known for the dramatic Caracol Falls, a major tourist attraction.The Caracol State Park, established in 1973, protects the environment around the falls.