TBD Deer Run, Indian Lake Indian Lake is privately owned and located off FM 153, 7 miles north of Smithville, Texas. The subdivision HOA is managed by volunteers by the Indian Lake Owners Association. Indian Lake is located 14 miles from Bastrop, Texas, 16 miles from La Grange, Texas, and 13 miles from Giddings, Texas. There are multiple amenities available to residents that include the member-owned Indian Lake which is stocked by ILOA and has a lighted pier and boat ramp. Being heavily adorned with abundant wildlife and its proximity to town makes Indian Lake a desirable, beautiful, and serene place to call home.