617 Malloy Lane

Ovilla, Texas 75154

$1,195,000
MLS # 21340925
4Beds
3Baths3 full
3,374Sq Ft
20.00 AcresLot
1983Year Built
$354Price / Sq Ft

Overview

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.

Virtual tour

Facts & Features

Location

County
Ellis
Subdivision
E W Banton

Association / HOA

HOA
No

Building

Year built
1983
Details
Preowned

Taxes

Annual taxes
$14,148
Parcel number
179762

Use & Condition

Property type
Single Family
Sub type
Single Family Residence
Condition
Resale
Current use
AgriculturalCattle

Terms & Disclosures

Listing terms
CashConventional
Disclosures
Accessory Dwelling Unit
Exclusions
Call agent for list of exclusions.

Room Details

First level

Bedroom

10 x 12
Split BedroomsWalk-In Closet(s)

Bonus Room

19 x 18
Ceiling Fan(s)

Breakfast Room/Nook

7 x 11

Dining Room

11 x 11

Family Room

17 x 14
Built-in FeaturesCeiling Fan(s)Fireplace

Full Bath

8 x 6
Built-in FeaturesLinen Closet

Kitchen

15 x 11
Built-in FeaturesGranite CountersKitchen Island

Living Room

30 x 17
Ceiling Fan(s)Fireplace

Utility Room

8 x 12
Built-in FeaturesClosetUtility Room

Second level

Bedroom

15 x 10
Ceiling Fan(s)Split BedroomsWalk-In Closet(s)

Bedroom

14 x 11
Ceiling Fan(s)Split Bedrooms

Full Bath

10 x 7
Built-in FeaturesJack and Jill BathLinen Closet

Primary Bathroom

13 x 12
Built-in FeaturesDual SinksDouble VanityEn Suite BathroomGarden Tub/Roman TubLinen ClosetSeparate Shower

Primary Bedroom

15 x 17
Ceiling Fan(s)En Suite BathroomSitting Area in PrimaryWalk-In Closet(s)

Schools

Elementary Schools

PUBLIC★★★★★

Shields Elementary

Grades: PK - 05 / Enrollment: 625

Middle Schools

PUBLIC★★★★★

Red Oak Middle

Grades: 06 - 08 / Enrollment: 1488

High Schools

PUBLIC★★★★★

Red Oak High School

Grades: 09 - 12 / Enrollment: 2297

School ratings and enrollment figures are estimates and may change. Contact the school district directly to confirm current information.

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Location

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Estimated Monthly Cost

Estimated payment$0per month
  • Principal & interest
  • Property tax
  • Insurance
  • Loan amount

Estimates only. Actual amounts may vary; taxes, insurance, HOA dues and mortgage insurance are not guaranteed.

Listing provided courtesy of Ebby Halliday, REALTORS — MLS# 21340925

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