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Keenan Group#1 Austin Board of Realtors Team 2024
138 Forest LN, photo 1 of 40, Bastrop, Bastrop, TX
Active

$349,000

4Beds
4Baths
2,435Sq Ft
2.07 acresLot

138 Forest Ln, Bastrop, TX 78602

Reduced 8%$379,000
Bastrop·MLS# 4491521·Built 1996·49 days on market

4 bed, 4 bath, 2,435 sqft on 2.07 acres in Bastrop. Bastrop, TX 78602. $349,000. Bastrop ISD.

About This Home

138 Forest Ln offers a rare combination of acreage, privacy, flexibility and convenience just minutes from the heart of Bastrop. Situated on approximately 2.07 fully fenced acres beneath towering pine and oak trees, the property includes main home plus a separate two-bedroom guest house, detached living quarters creating options for multigenerational living, guests, a home office or additional private space. The main home has a warm, one-of-a-kind character with an open living area, granite countertops, natural wood accents, a wood-burning stove and covered outdoor space.

Outside is where this property really separates itself. Multiple small barns and secure fenced enclosures are already in place for poultry, dogs or small livestock, with additional storage throughout the property. A large two-car garage, additional covered parking, RV accommodations and a circular driveway provide plenty of room for vehicles, equipment and recreational toys. The property is fully fenced with an additional large fenced yard directly off the main house, while mature trees provide shade and a sense of privacy throughout. A large seasonal pond adds to the setting and a high-producing water well has been tested and is ready for a pump to be installed.

All of this comes with a location that feels tucked away without being remote. H-E-B, Walmart, Buc-ee’s, restaurants, shopping and Highway 71 are only minutes away, giving you the space and versatility of a small acreage property without giving up everyday convenience. Whether you are looking for room for extended family, animals, hobbies, equipment or simply more breathing room, 138 Forest Ln is a property with possibilities that are increasingly difficult to find this close to Bastrop.

Property Type
Residential
Year Built
1996
Lot Size
2.07 acres
Price / Sq Ft
$143
Garage
2 spaces

Listing information last updated September 25, 2026.

Listed by All City Real Estate Ltd. Co

MLS# 4491521 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 2.07-acre lot
Breakfast Bar
Beamed Ceilings
Granite Counters
Kitchen Island

Facts & Features

Interior

Features

  • Breakfast Bar
  • Beamed Ceilings
  • Granite Counters
  • Kitchen Island
  • Natural Woodwork
  • Open Floorplan

Appliances

  • Free-Standing Electric Range
  • Refrigerator
  • Washer
  • Dryer
  • Electric Water Heater

Flooring

  • Laminate
  • Tile
  • Wood
Heating
Ductless,Wood Stove
Cooling
Ductless,Multi Units
Exterior & Lot

Features

  • RV Hookup

Construction

  • Hardi
  • Plank Type
  • Vertical Siding
  • Wood Siding
  • Stone Veneer

Lot Features

  • Front Yard
  • Level
  • Public Maintained Road
  • Trees-Large (Over 40 Ft)
  • Trees-Moderate

Fencing

  • Full
  • Wire

Foundation

  • Pillar
  • Post
  • Pier
  • Slab

Patio / Porch

  • Covered
  • Porch
Roof
Metal
Lot Size
2.07 Acres

Parking

  • Carport
  • Circular Driveway
  • Deck
  • Garage
  • Garage Faces Front
Garage Spaces
2

Waterfront

  • Pond
Financial
Original List Price
$379,000
Price per Sq Ft
$143
Utilities
  • Electricity Connected
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 138 Forest LN, whoever represented it.

  1. ActiveListed 2026
    Current price: $349,000Original list: $379,000MLS 4491521
    1. Listed · August 28, 2026$379,000
    2. Price changed · September 25, 2026$349,000
  2. SoldNovember 30, 2006
    Listed at: $19,900MLS 5138111

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$349,000
Original list
$379,000
Price movement
$30K reduction
Listed / DOM
Aug 28, 2026 · 49 days
Map showing 138 Forest LN
138 Forest LN
Directions

Zoned Schools

Bastrop ISD

1 High School1 Middle School1 Elementary School

Bastrop

High SchoolGrades 9-12Zoned assignment

Bastrop

Middle SchoolGrades 6-8Zoned assignment

Emile

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,933

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($70K)

Adjustable assumption - not a lending recommendation.

$349,000

Loan: $279K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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List price

$349,000

Price per sqft

$143/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

49 days

Original to current

$30K reduction

$379K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 138 Forest Ln?

138 Forest Ln is listed at $349,000 with 4 bedrooms, 4 full bathrooms, 2,435 square feet, 2.07-acre lot.

What school district is 138 Forest Ln in?

138 Forest Ln is zoned for Bastrop ISD with assigned schools: Emile (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.

What are the property details for 138 Forest Ln?

138 Forest Ln is a Residential built in 1996 featuring 4 bedrooms, 4 full bathrooms, 2,435 square feet, 2.07-acre lot.

How should a buyer estimate the monthly payment for 138 Forest Ln?

This page does not assume a mortgage rate or publish a monthly payment for 138 Forest Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 138 Forest Ln compare with other homes in Bastrop?

As of Oct 15, 2026, 138 Forest Ln is offered at $349,000. The current MLS snapshot shows 322 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 138 Forest Ln?

The MLS listing marks 138 Forest Ln as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Bastrop

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#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/15/2026, 5:27:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 5:27:06 AM

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