Del Valle, TX 78617 (Bastrop County)
About this property
Excellent investment, multigenerational, or leasing opportunity featuring two separate residences on approximately 1.01 acres near Circuit of the Americas. The property includes an approximately 1,568-square-foot Clayton manufactured home with 3 bedrooms and 2 bathrooms, plus an approximately 1,147-square-foot site-built residence offering 2 bedrooms and 1 bathroom. Both homes feature open-concept layouts, wood-look laminate flooring, kitchen islands, oak cabinetry, refrigerators, covered front porches, and freshly painted exteriors. Each residence is served by its own independent septic system, creating flexibility for separate occupancy, extended family, or rental use. The manufactured home was previously placed at 162 Tesoro Way and subsequently moved to its current location at 231 La Fortuna Drive. Due to the property configuration and relocation history, conventional agency financing may not be available. Buyers should verify available financing with their lender; specialized conventional, portfolio, or brokered loan programs may require approximately 25%–35% down, depending on lender guidelines and borrower qualifications. Conveniently located near Circuit of the Americas, Tesla, Austin-Bergstrom International Airport, and major Austin-area growth corridors. A unique opportunity to acquire two residences on one tract with multiple potential income and occupancy strategies. Short-term rental, business, and other uses are subject to applicable governmental regulations and restrictions.
Property details
Location
About the Area
231 La Fortuna Dr is located in Del Valle, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.
The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.
The 78617 zip code has a median household income of $78,019, a median home value of $247,800, and a median age of 36.4. The average household size is 3.06 people. The zip code has a total population of 28,932.
Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Team West Real Estate LLC.