617 Malloy Lane, Ovilla, TX
Active

617 Malloy Lane

Ovilla, Texas 75154
Mark as Favorite
Bed 4

Bed

Bath 3

Bath

SqFt3,374

Sqft

Acres20

Acres(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,275,000

AD Id : 88416144

MLS Id : 568864561

Beds : 4

Lot Size : 20 Acres

Living Area Size : 3,374

Year Built : 1983

County : Ellis

Subdivision: Red Hawk

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

    Built-in Features,Cable TV Available,Double Vanity,Granite Counters,High Speed Internet Available,Kitchen Island,Pantry,Walk-In Closet(s),Wet Bar

    Appliances

    Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Water Heater,Ice Maker,Microwave,Double Oven,Trash Compactor

    Utilities

    City Water,Electricity Connected,Septic
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric,Window Unit(s)

    Heating Source

    Central,Electric,Fireplace(s),Wood Stove

    Fireplace

    Number of Fireplaces: 2 Fireplace Features: Brick,Family Room,Freestanding,Living Room,Masonry,Raised Hearth,Wood Burning,Wood Burning Stove

  • Building Information

    Built Year: 1983 Construction: Brick,Siding Roof Type: Composition
  • Exterior Features

    Attached Grill,Built-in Barbecue,Covered Deck,Covered Patio/Porch,Dog Run,Rain Gutters,Outdoor Grill,Outdoor Kitchen,Private Entrance,RV/Boat Parking,Stable/Barn,Storage

    Foundation

    Slab
  • Pool Features

    Fenced,Gunite,In Ground,Outdoor Pool

    Laundry Features

    Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup

    Patio And Porch

    Covered,Deck,Front Porch,Patio,Rear Porch,Side Porch

    Fencing

    Cross Fenced,Fenced,Full,Gate,Perimeter,Pipe,Wood

    Construction Materials

    Brick,Siding

  • Lot Information

    Lot Size (Acr): 20.0000 Lot Size Units: Acres Lot Size Square Feet: 871,200 Lot Features: Acreage,Agricultural,Few Trees,Interior Lot,Landscaped,Level,Lrg. Backyard Grass,Pasture,Sprinkler System
  • Property Information

    SQ ft (Living Area): 3,374 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: E W Banton City: Ovilla State: Texas Directions: Three miles west of I-35E. Take Ovilla Road exit to the west off I-35. Turn north (right) on Malloy and it's the second house on the left. Property Status: Active Exclusions: Call agent for list of exclusions. Levels: Two Property Age: 43 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $1,275,000 List Price Tot SqFt: $378
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 179762 Tax Legal Description: 51 E W BANTON 9.981 ACRES & 51 E W BANTON 10.024 A Unexempt Taxes: $14,148

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking Features: Additional Parking,Converted Garage,Driveway,Electric Gate
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Shields Middle School: Dr. Joy Shaw High School: Red Oak School District: Red Oak ISD
  • Utility Information

    Utilities: City Water,Electricity Connected,Septic
Sell a home like this and save $76,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
107 Oak Creek Lane, Ovilla, TX, 75154 $619,900 6 4 3,564 3,564 SqFt
303 Fountain Creek Court, Ovilla, TX, 75154 $640,000 4 4 3,536 3,536 SqFt
305 Fountain Creek Court, Ovilla, TX, 75154 $575,000 5 3 3,078 3,078 SqFt
206 White Rock Court, Ovilla, TX, 75154 $589,999 6 4 4,486 4,486 SqFt
907 Red Oak Creek Drive, Ovilla, TX, 75154 $799,000 4 5 3,946 3,946 SqFt
602 Cardinal Drive, Ovilla, TX, 75154 $345,000 3 2 1,386 1,386 SqFt
260 Penrose Drive, Ovilla, TX, 75154 $856,583 6 4 4,410 4,410 SqFt
221 Penrose Drive, Ovilla, TX, 75154 $723,801 4 4 3,189 3,189 SqFt
111 Broadmoor Lane, Ovilla, TX, 75154 $858,921 4 4 4,222 4,222 SqFt
370 Cheyenne Mountain D.., Ovilla, TX, 75154 $749,999 5 4 3,788 3,788 SqFt
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/19/2026 @ 07:41

MLS: 568864561 LISTED BY: Becky Hearne, Ebby Halliday, REALTORS 817-228-9169 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $1,275,000

Selling? Save $76,001 when you sell a home like this

Tour with a ByOwner Agent