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617 Malloy Lane Ovilla, TX $ 1,275,000
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$ 1,275,000 Get more info
617 Malloy Lane
$ 1,275,000
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617 Malloy Lane

Ovilla, TX, 75154
$ 1,275,000
Bedrooms4 Baths3.0 Sq 3,374

Monthly Estimate*

$ 8,050

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Single Family Home for sale in Ovilla, TX

for $1,275,000 with 4 bedrooms and 3 full baths. This 3,374 square foot home was built in 1983 on a lot size of 20.

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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Single Family Active

Price

$ 1,275,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 14,148

Style

Traditional

Lot Size

20

Year Built

1983

Town/City

Ovilla

County/Region

Ellis

MLS | Web ID

21340925
Features
Interior
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
Flooring Carpet Ceramic Tile Laminate
Basement Y/N 0
Dining Areas 2
Living Areas 2
Half Baths 0
Total Bedrooms 4
Total Baths 3
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General
Heating Central Electric Fireplace(s) Wood Stove
Cooling Ceiling Fan(s) Central Air Electric Window Unit(s)
Utilities City Water Electricity Connected Septic
Possession Negotiable
Roof Composition
Appliances Dishwasher Disposal Electric Cooktop Electric Oven Electric Water Heater Ice Maker Microwave Double Oven Trash Compactor
current use Agricultural Cattle
Number of Garage Spaces 0
School District Red Oak ISD
Pool Y/N 1
Exclusions Call agent for list of exclusions.
Year Built 1983
Architectural Style Traditional
Levels Two
Property Subtype Single Family Residence
Subdivision Name E W Banton
Transaction Type For Sale
Occupant Type Owner
County Ellis
Property Type Residential
Construction Materials Brick Siding
Year Built Details Preowned
Accessory Unit Type Guest Quarters
Accessory Unit Y/N Y
HOA Type None
Special Notes Aerial Photo Survey Available
Full Baths 3
Status Active
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.
City Ovilla
Elementary School Name Shields
High School Red Oak
Elementary School Shields
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
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
Lot Features Acreage Agricultural Few Trees Interior Lot Landscaped Level Lrg. Backyard Grass Pasture Sprinkler System
Fencing Cross Fenced Fenced Full Gate Perimeter Pipe Wood
Other Structures Barn(s) Corral(s) Guest House Kennel/Dog Run Outbuilding Outdoor Kitchen Separate Entry Quarters Shed(s) Stable(s) Storage Workshop w/Electric
Parking Features Additional Parking Converted Garage Driveway Electric Gate
Lot Size 10 to < 50 Acres
Foundation Slab
Pool Features Fenced Gunite In Ground Outdoor Pool
Structural Style Single Detached
Garage Y/N 0
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Internal Only
Street Number 1 617
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* Excluded Features
List By
Becky Hearne

Listing Agent

Ebby Halliday, Realtors

Broker

Affordability Calculator

$9,229
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,050
Monthly Property Taxes
$1,179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286232 Elementary School
5136327 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/27/2026 $1,275,000 Listed Price

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617 Malloy Lane, Ovilla, TX, 75154 is a Single Family Home for sale at $1,275,000 with 3,374 sqft and a lot size of 20. 617 Malloy Lane has 4 bedrooms, 3.0 baths, and was built in 1983. The property's zip code is 75154 which is in Ovilla, TX

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