$1,995,000
SOLD DEC 13, 2024
Last list price

7308 Bolo Ln Flower Mound, TX 75022

4 Beds
3.5 Baths
3,824 Sq Ft
2.07 Acres

Recently Sold

$522 Per Sq Ft

1 Day on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Covered Deck
  • Liberty Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of December 2024

COMPLETELY RENOVATED 2-ACRE WATERFRONT ESTATE ON LAKE GRAPEVINE OFFERING COMPLETE SOLITUDE & PRIVACY! It is one of the few Lake Grapevine waterfront properties that have sold under $2M in the last couple of years. An extra bonus is the beautiful catch-and-release pond on the NW side. Surround yourself in the luxury of this distinctive estate boasting a floor-to-ceiling fireplace, an open-concept floor plan, an updated guest bathroom, a temperature controlled wine grotto & soaring wood-beamed ceilings with skylights that flood the home with natural light. The chef in your family will love the beautifully remodeled kitchen showcasing custom cabinets, stainless steel appliances, a Bosch cooktop, under cabinet lighting & a large island with a breakfast bar. Pamper yourself in the lavish primary suite offering sliding glass doors leading to the deck & lake, a freestanding tub, walk-in shower, dual sink extended vanity, updated fixtures & a massive walk-in closet with washer & dryer connections. Entertain in the huge game room featuring a wet bar area with a mini fridge, or be productive in the home office with a built-in desk & cabinets. Wall-to-wall retractable pocket doors separate the primary suite, home office, and game room creating 3 individual destinations. The secondary downstairs bedroom is ideal for a mother-in-law suite. Paradise awaits you in this incredible backyard including a pool with a large patio area, an expansive wrap-around deck & patio with plenty of room for a fire pit, plus an outdoor kitchen with a kegerator & a bar area with a TV. This breathtaking lot offers tons of mature trees, lush landscaping & an abundance of wildlife. An electric gate leads to the attached 2 car garage with glass paneled garage doors & the detached 2 car garage with a workshop & storage area. Highly sought-after Flower Mound schools. Take a first-person look at this gorgeous home! Click the Virtual Tour link to see the 3D Tour!

Last Agent to Sell the Property

Russell Rhodes

Berkshire HathawayHS PenFed TX Brokerage Phone: 972-899-5600 License #0484034 Listed on: 11/13/2024

Berkshire HathawayHS PenFed TX

Last Buyer's Agent

Matthew Hudson

Monument Realty License #0711782

Monument Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,110

Year Built

  • Built in 1970

Lot Details

  • 2.07 Acre Lot
  • Lake Front
  • Private Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Electric Gate

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,824 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Wired For A Flat Screen TV
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Stone Fireplace
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Low Flow Toliet

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Lighting

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Covered Deck
  • Wrap Around Porch
  • Patio
  • Outdoor Living Area
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Liberty Elementary School
  • Mckamy Middle School
  • Flower Mound High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management fees
  • Bolo Point Estates HOA, Phone Number (972) 672-5920
  • Bolo Point East Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number R11237
  • $21,110 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,110

Year Built

Built in 1970

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 972-899-5600
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Square Footage: 3824.00
  • Windows: Skylights(s)
  • Fireplace Features: Family Room, Gas Logs, Gas Starter, Stone
  • Interior Amenities: Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Open Floorplan, Pantry, Sound System Wiring, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Cork, Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Room Count: 12

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Construction Materials: Brick
  • Exterior Features: Attached Grill, Barbecue, Built-in Barbecue, Covered Deck, Covered Patio/Porch, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, Private Yard, Storage
  • Pool Features: Diving Board, Fenced, In Ground, Private
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Wrap Around

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 4
  • Total Covered Spaces: 4
  • Parking Features: Circular Driveway, Driveway, Electric Gate, Garage, Garage Door Opener, Storage, Workshop in Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Washer Hookup
  • Utilities: City Water, Septic

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Bolo Point Estates HOA
  • HOA Management Company: 972-672-5920

Schools

  • School District: Lewisville ISD
  • Elementary School: Liberty
  • Middle School: Mckamy
  • High School: Flower Mound
  • School District: Lewisville ISD
  • Elementary School: Liberty

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 2.0700
  • Parcel Number: R11237
  • Lot Size Acres: 2.0700
  • Lot Size Sq Ft: 90169.2000
  • Assessor Parcel Number 2: R11234,R161914,R13743

Green Features

  • Efficiency: Lighting, Low Flow Commode, Waterheater, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970

Tax Info

  • Unexempt Taxes: 21110
  • Tax Lot: 17

Multi Family

  • WaterfrontFeatures: Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body

MLS Schools

  • Middle School Name: Mckamy
  • Elementary School Name: Liberty
  • High School Name: Flower Mound

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Dec 13, 2024
Sold by
Appling Richard Earl
Bought by
Obrien Angela and Ice Nathan
Seller's Agent
Russell Rhodes
Berkshire HathawayHS PenFed TX
Buyer's Agent
Matthew Hudson
Monument Realty
List Price
$1,995,000
Views
9
Current Estimated Value
$1,696,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.44%
Original Mortgage
$1,680,000
Outstanding Balance
$1,674,131
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$21,949

Purchase Details

Listed on
Oct 13, 2020
Closed on
Jan 14, 2021
Sold by
Kirby Michael C and Kirby Carol L
Bought by
Appling Richard Earl
Seller's Agent
Beth Gaskill
Keller Williams Realty-FM
Buyer's Agent
Andy Slowe
Allie Beth Allman & Assoc.
List Price
$1,985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$300,000
Interest Rate
2.79%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Vendors Lien -- National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,680,000 New Conventional
Previous Owner $1,300,000 Credit Line Revolving
Previous Owner $300,000 New Conventional
Previous Owner $548,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold -- -- --
11/15/2024 11/15/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $1,995,000 +3.6% $522 / Sq Ft
01/15/2021 01/15/21 Sold -- -- --
12/01/2020 12/01/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $1,925,000 -3.0% $503 / Sq Ft
10/13/2020 10/13/20 For Sale $1,985,000 -- $519 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,110 $1,397,133 $566,680 $830,453
2024 $21,110 $1,246,962 $566,680 $680,282
2023 $22,366 $1,310,312 $566,680 $743,632
2022 $22,596 $1,215,276 $530,848 $684,428
2021 $12,351 $685,009 $159,254 $525,755
2020 $11,175 $558,971 $159,254 $399,717
2019 $11,334 $547,000 $159,254 $387,746
2018 $10,379 $497,974 $159,254 $382,366
2017 $9,540 $452,704 $159,254 $355,296
2016 $8,673 $411,549 $159,254 $252,295
2015 -- $395,721 $169,208 $226,513
2014 -- $375,124 $157,052 $218,072
2013 -- $382,571 $177,088 $205,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20765044

North Texas Real Estate Information Systems (NTREIS)

APN: R11237