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617 Malloy Lane

Ovilla, TX 75154 · View on map ↓

4Beds
3Baths
3,374Sqft
$1,275,000
MLS# 21340925

Overview

4 / 3
Bed / Bath / Gar
3,374
Sq Ft
1983
Year Built
19.997 acres
Lot Size
44
CDOM
Single Family
Type

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.

Mortgage Calculator

$
%
20% · $255,000
0%50%
Principal & Interest$6,447(79%)
Property Tax$1,179(14%)
Homeowner's Insurance (est.)$531(7%)
Est. Monthly Payment$8,157/mo
Est. Monthly$8,157

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
15 x 17 / 2
Bedroom
14 x 11 / 2
Bedroom
15 x 10 / 2
Bedroom
10 x 12 / 1
Primary Bathroom
13 x 12 / 2
Living Room
30 x 17 / 1
Kitchen
15 x 11 / 1
Dining Room
11 x 11 / 1
Bonus Room
19 x 18 / 1
Breakfast Room Nook
7 x 11 / 1
Family Room
17 x 14 / 1
Full Bath
8 x 6 / 1
Full Bath
10 x 7 / 2
Utility Room
8 x 12 / 1
Appliances
Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Trash Compactor
Interior Features
Wet Bar, Built In Features, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable Tv, Walk In Closets
Flooring
Carpet, Ceramic Tile, Laminate
Laundry
Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room
Window Features
Window Coverings
Fireplaces
2 · Family Room, Free Standing, Living Room, Masonry, Raised Hearth, Wood Burning, Wood Burning Stove
Heating
Central, Electric, Fireplaces, Wood Stove
Cooling
Central Air, Ceiling Fans, Electric, Window Units
Utilities
Electricity Connected, Septic Available, Water Available, Cable Available
Architectural Style
Traditional, Detached
Construction
Brick
Roof
Composition
Foundation
Slab
Exterior Features
Built In Barbecue, Barbecue, Deck, Dog Run, Outdoor Grill, Outdoor Kitchen, Private Entrance, Rain Gutters, Storage
Patio / Porch
Rear Porch, Front Porch, Patio, Side Porch, Covered, Deck
Pool
Fenced, Gunite, In Ground, Outdoor Pool, Pool
Levels
Two
Stories
2

Schools

Elementary
Shields (Red Oak ISD)
Middle
Dr. Joy Shaw (Red Oak ISD)
High
Red Oak (Red Oak ISD)

Price & Status History

DateEventPrice
7/26/2026Listed for sale
Source: NTREIS #21340925
$1,275,000

Nearby Properties

Listed by Becky Hearne · Ebby Halliday, REALTORS
Source: NTREIS · MLS#: 21340925

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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4bed
3bath
$1,275,000
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