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ActiveMLS #4237326

122 Forest Lake DR, Del Valle TX 78617

Del Valle, TX 78617 · Forest Lakes

Single Family Residence for sale in Forest Lakes

3Bedrooms
3 full / 1 halfBathrooms
2,387Square Ft
0.92Acres
0Garage
1983Year Built
Price Reduced
1 / 37
$449,000$499,000

Overview

Property Description

Gorgeous, newly remodeled, almost 2,400 SF home on a large 0.92 acre lot just minutes from Austin with a large, 500+ SF brick carport. Home recently went through an extensive remodel with most of the first floor taken to the studs and rebuilt with high end materials with today's family needs in mind. The floorplan was enhanced such that the Main Level now contains 1) a Primary Bedroom with TWO walk-in closets & ensuite bathroom with dual vanity & walk-in shower, & 2) a 2nd bedroom with newly constructed ensuite attached bath/ shower with dual vanities. There is also a 3rd bedroom with full attached bath upstairs that has its own exterior access. Quartz countertops have been added to the kitchen and both full bathrooms on the Main Level, the kitchen was remodeled with seamless continuity to the dining room, and high-end vinyl plank flooring has been installed throughout the Main Level with hardwoods on the 2nd floor. Other improvements include a new sliding door in the brick exterior to provide tons of light into the home, repainted interior and exterior, refinished kitchen cabinets, beautiful new landscaping/ walkways/ flower beds, and drip irrigation around the home in the flower beds. The living room has tall, vaulted ceilings and a brick fireplace. The dining room and the living room, both lead out to a large covered outdoor space, perfect for family dinners. The 2nd floor bedroom is surrounded by windows and includes 2" blinds, a walk-in closet, full bath, and private exterior access to a large deck. This is an established, quaint community of good people, and would be perfect for your forever home. Only 5 minutes to Circuit of the Americas, 15 minutes to the Austin airport, and 20 minutes from Central Austin. Buyer will need to get survey. Water and Electric connected. Buyer to confirm utilities, square footage, POA regulations, and get survey. Light deed restrictions in the neighborhood.

Financial Info
Price
$449,000
$ / Sqft
$188
HOA
Yes - Mandatory / $25 / Annually
HOA Name
Forest Lakes POA
Tax Rate
1.58148%
Est. Taxes
$4,763
Tax Year
2025
Exemptions
None
Legal Info
Address
122 Forest Lake DR
County
Bastrop
City
Del Valle
State
TX
Zip
78617
Subdivision
Forest Lakes
Legal Description
FOREST LAKES, LOT 17, ACRES 0.9150
Parcel
R32982
Interior Features
Floor
See Remarks, Tile, Vinyl, Wood
Num Living
1
Dining
1
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
Laundry
In Hall, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Masonry, Wood Burning
Interior Features
See Remarks, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Chandelier, Quartz Counters, Double Vanity, Electric Dryer Hookup, French Doors, In-Law Floorplan, Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup, Security System, Smoke Detector(s), Aluminum Frames, Blinds, Double Pane Windows, Insulated Windows, Screens, Vinyl Windows
General Info
Beds
3 Total / 2 Main Level / 1 Other Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1983 / Updated/Remodeled
Square Feet
2,387 / Public Records
Garage Desc
Additional Parking, Asphalt, Attached Carport, Concrete, Off Street
Foundation
Slab
Roof
Metal
Construction
Brick, HardiPlank Type
Acres
0.92
Lot Description
Garden, Interior Lot, Level, Sprinkler - Back Yard, Sprinkler - Drip Only/Bubblers, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Partial, Sprinkler - Side Yard, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
See Remarks, Neighborhood, Panoramic, Pasture
Water Access
No
Waterfront
No
Area
BW
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Above Ground, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Heat
Central, Electric, Fireplace(s)
A C
Ceiling Fan(s), Central Air, Electric, Exhaust Fan
Exterior Features
Fence
Gate, Partial, Wire, Wood
Exterior Features
Balcony, Exterior Steps, Garden, Gutters Partial, Lighting, Private Yard, See Remarks, Covered, Deck, Front Porch, Patio, Side Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$50,000 (−10%)
$499,000 → $449,000
2
Price reductions
Active
Since Mar 14, 2026
Price trend
List priceMar 2026Apr 2026
Property history3 events
DateEventPriceChange
Apr 22, 2026Price Decrease$449,000−$30,000 (−6.3%)
Mar 29, 2026Price Decrease$479,000−$20,000 (−4%)
Mar 14, 2026New Listing

Taxes

General Information
Owner
GH WILD PLUM FOREST LAKES LLC
Legal
FOREST LAKES, LOT 17, ACRES 0.9150
Geo ID
32982
Acreage
0.92
Exemptions
Exemption Type
None on record
Taxing Units
T1
BASTROP COUNTY
T2
BASTROP ISD
T4
BASTROP COUNTY EMERGENCY SVC DIST #1
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$4,763
MLS tax year
2025
CAD estimated taxes
$5,796.24
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$148,802$217,705$366,507$366,507$366,507
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$366,507$366,507$1,284.57BASTROP COUNTY
$366,507$366,507$3,913.93BASTROP ISD
$366,507$366,507$311.09BASTROP COUNTY EMERGENCY SVC DIST #1
$366,507$366,507$286.65COUNTY ROAD FM

Disclaimer: Tax data provided by Bastrop Central Appraisal District (2026 Bastrop CAD external export (supplied snapshot; source year not labeled)).

Schools

School Info
District
Bastrop ISD
Elementary
Bluebonnet (Bastrop ISD)
Middle
Creekside
High
Cedar Creek

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $449,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,041 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,041

Principal & interest
$2,270
Property taxes
$397
Homeowners insurance
$374

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$359,200$4,015$23,230$355,185
2$355,185$4,284$22,961$350,901
3$350,901$4,571$22,674$346,331
4$346,331$4,877$22,368$341,454
5$341,454$5,203$22,041$336,251
6$336,251$5,552$21,693$330,699
7$330,699$5,924$21,321$324,775
8$324,775$6,320$20,924$318,455
9$318,455$6,744$20,501$311,711
10$311,711$7,195$20,049$304,516
  • Year 1$355,185
    Principal paid
    $4,015
    Interest paid
    $23,230
    Starting balance
    $359,200
  • Year 2$350,901
    Principal paid
    $4,284
    Interest paid
    $22,961
    Starting balance
    $355,185
  • Year 3$346,331
    Principal paid
    $4,571
    Interest paid
    $22,674
    Starting balance
    $350,901
  • Year 4$341,454
    Principal paid
    $4,877
    Interest paid
    $22,368
    Starting balance
    $346,331
  • Year 5$336,251
    Principal paid
    $5,203
    Interest paid
    $22,041
    Starting balance
    $341,454
  • Year 6$330,699
    Principal paid
    $5,552
    Interest paid
    $21,693
    Starting balance
    $336,251
  • Year 7$324,775
    Principal paid
    $5,924
    Interest paid
    $21,321
    Starting balance
    $330,699
  • Year 8$318,455
    Principal paid
    $6,320
    Interest paid
    $20,924
    Starting balance
    $324,775
  • Year 9$311,711
    Principal paid
    $6,744
    Interest paid
    $20,501
    Starting balance
    $318,455
  • Year 10$304,516
    Principal paid
    $7,195
    Interest paid
    $20,049
    Starting balance
    $311,711
First 10 of 30 years

Nearby

Courtesy of Lapis Real Estate & Design · (512) 970-1805

Listings courtesy of ACTRIS as distributed by MLS GRID.