HomesOvilla › 617 Malloy Lane
617 Malloy Lane, Ovilla — photo 1
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617 Malloy Lane, Ovilla — photo 1
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$1,275,000

617 Malloy Lane

Ovilla, TX 75154 · E W Banton · Ellis County
ActiveMLS #21340925 · SingleFamilyResidence
4Beds
3Baths
3,374Sq Ft
19.997Acres
1983Built

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.

School district (per MLS): Red Oak ISD. School ratings and attendance zones: verify at GreatSchools.org and with the district.
Information provided for general reference; buyers should independently verify schools, districts, and community details.

Courtesy of Ebby Halliday, REALTORS — listing agent Becky Hearne
Contact the listing firm: 817-654-3737 · cindy@ebby.com

Listing updated Aug 21, 2026, 10:06 AM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 11, 2026, 11:44 PM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 11, 2026, 11:44 PM CT.

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