617 Malloy Lane, Ovilla, TX 75154
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: becky hearne
Office: ebby halliday, realtors
MLS#:21340925
Source:GDAR
Price summary
- Price:$1,195,000
- Price per sq. ft.:$354.18
About this home
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....
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Home facts
- Year built:1983
- Subdivision & Development:E W Banton
- Listing ID #:21340925
- Added:95 day(s) ago
- Updated:October 30, 2026 at 01:34 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Laminate
- Kitchen Description:Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Trash Compactor
- Living area:3,374 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Window Units
- Heating:Central, Electric, Fireplaces, Wood Stove
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1983
- Building area:3,374 sq. ft.
- Lot area:20 Acres
- Lot Features:Acreage, Agricultural, Few Trees, Interior Lot, Landscaped, Lawn, Level, Pasture, Sprinkler System
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Red Oak
- Middle school:Dr. Joy Shaw
- Elementary school:Shields
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$354.18
- Tax amount:$14,148
Features and amenities
- Appliances:Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Trash Compactor
- Amenities:Window Coverings
- Pool features:Fenced
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