617 Malloy Lane, Ovilla, Texas 75154

  • 1983
  • 4
  • 3
  • 3,374 Sqft

Single Family Residence For Sale

$1,195,000
ActiveListing ID #21340925
Basic Details
Residential
Active
21340925
1983
$1,195,000
3,374 Sqft
19.997
4
3
Property Description

Rare 20-acre opportunity with ag exemption in Ovilla, a rapidly growing community only 25 miles south of Dallas. Tucked among mature shade trees, this exceptional property offers the perfect balance of privacy, functionality, and future opportunity. Whether you’re looking for a private country estate, equestrian property, multi-generational living or land with development potential, this unique property offers possibilities that are hard to find. The 3,374 square foot two-story home offers 4 bedrooms, 3 bathrooms, and spaces designed for both everyday living and entertaining. The spacious kitchen, featuring granite countertops, stainless appliances, abundant cabinetry, and a center island, is ideally located between the formal dining room and the breakfast room. Off the breakfast area is a private patio to enjoy your morning coffee. The first floor offers two separate living areas, each with wood-burning fireplaces. The renovated downstairs bathroom adds modern appeal, while the garage conversion offers versatility as a game room, media room, first-floor bedroom, or can easily be converted back to a garage. Step outside to enjoy multiple covered porches and patios, a large covered deck with an outdoor kitchen, and a gunite pool, creating the perfect setting for entertaining. A detached 960 square foot guest house with a kitchen and bathroom provides comfortable space for guests, extended family, or a private home office. Equestrian enthusiasts will appreciate the six-stall barn with hay loft, tack room, wash rack, office or workshop space, round pen, loafing sheds, and fenced, cross-fenced pastures. Approximately 16 acres currently have an ag exemption. Surrounded by expanding residential development while still offering the privacy and tranquility of country living, this unique property presents an outstanding opportunity to enjoy today while benefiting from tomorrow’s possibilities. Rare combination of location, acreage and improvements in one remarkable property.

Features
3
2
Wood Burning, Living Room, Family Room, Raised Hearth, Masonry, Wood Burning Stove, Free Standing, Wood Burningstove
Ceramic Tile, Carpet, Laminate
Brick
Composition
Fenced, Wood, Gate, Pipe, Perimeter, Full, Cross Fenced
Front Porch, Patio, Covered, Deck, Rear Porch, Side Porch
Central, Electric, Fireplace(s), Wood Stove
Central Air, Electric, Window Unit(s), Ceiling Fan(s)
Water Available, Cable Available, Electricity Connected, Septic Available
Dishwasher, Disposal, Electric Oven, Microwave, Double Oven, Electric Cooktop, Ice Maker, Electric Water Heater, Trash Compactor
Built-in Features, Double Vanity, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s), Granite Counters, Wet Bar
Rain Gutters, Storage, Outdoor Grill, Built-in Barbecue, Barbecue, Private Entrance, Deck, Outdoor Kitchen, Dog Run
Back Yard, Lawn, Landscaped, Sprinkler System, Few Trees, Interior Lot, Acreage, Level, Pasture, Agricultural
Septic Tank
Driveway, Additional Parking, Electric Gate, Boat, RV Access/Parking, Converted Garage
Neighborhood
Shields
Dr. Joy Shaw
Red Oak
Red Oak ISD
Additional Information
Single Family Residence
Becky Hearne
Ebby Halliday, REALTORS
Address Map
617
Malloy Lane
E W Banton
Ovilla
TX
75154
Ellis
Texas / Ellis / Ovilla
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 10/13/2026 5:04 PM
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    Walkscore

    Single Family Residence For Sale

    $1,195,000
    ActiveListing ID #21340925
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