Date
Details
Price
Change
Source
7/26/2026
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 617 Malloy Ln
General
- Price: $1,275,000
- Taxes: $14,148
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21340925
- Updated: 7/26/2026
- Added to Site: Today
Interior
- Interior Features: Wet Bar, Built-in Features, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Free Standing, Living Room, Masonry, Raised Hearth, Wood Burning, Wood BurningStove
- Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Trash Compactor
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Fenced, Gunite, In Ground, Outdoor Pool, Pool
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Deck, Dog Run, Outdoor Grill, Outdoor Kitchen, Private Entrance, Rain Gutters, Storage
- Porch/Patio/Deck: Rear Porch, Front Porch, Patio, Side Porch, Covered, De
Parking
- Parking Features: Additional Parking, Converted Garage, Driveway, Electric Gate, Boat, RV Access/Parking
Location
- County: Ellis
- Subdivision: E W Banton
- Driving 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.
School Information
- Elem School District: Red Oak ISD
- Midd School District: Red Oak ISD
- High School District: Red Oak ISD
- Elementary School: Shields
- Middle School: Dr. Joy Shaw
- High School: Red Oak
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
- Heating Type: Central, Electric, Fireplace(s), Wood Stove
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 3,374 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle
- Year Built: 1983
Additional Structures
- Other Structures: Corral(s), Kennel/Dog Run, Guest House, Outbuilding, Outdoor Kitchen, Shed(s), Storage, Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 20
- Lot Size (Sq. Ft.): 871,200
- Lot Features: Acreage, Agricultural, Back Yard, Interior Lot, Lawn, Landscaped, Level, Pasture, Sprinkler System, Few Trees
- Fencing (Description): Cross Fenced, Fenced, Full, Gate, Perimeter, Pipe, Wood
Horse Property
- Horse Facility Desc.: Barn, Hay Storage, Loafing Shed, Round Pen, Tack Room, Wash Rack
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $14,148
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: 51 E W BANTON 9.981 ACRES & 51 E W BANTON 10.024 A
- Exclusions: Call agent for list of exclusions.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 179762
Listed by Ebby Halliday, REALTORS, Becky Hearne
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 617 Malloy Ln —
Becky Hearne
Ebby Halliday, REALTORS
817-654-3737
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 617 Malloy Ln
School District:Red Oak Independent School District
| Name | Grades | Distance |
|---|---|---|
Shields Elementary School 223 West Ovilla Road, Glenn Heights, TX 75154 | PK-5 | 1.3 mi |
Red Oak Middle School 152 Louise Ritter Boulevard, Red Oak, TX 75154 | 6-8 | 5 mi |
Red Oak High School 220 South State Highway 342, Red Oak, TX 75154 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 617 Malloy Ln
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 2Total Baths
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617 Malloy Lane, Ovilla, TX 75154 (MLS# 21340925) is a Single Family property with 4 bedrooms and 3 full bathrooms. 617 Malloy Lane is currently listed for $1,275,000 and was received on July 26, 2026. Want to learn more about 617 Malloy Lane? Do you have questions about finding other Single Family real estate for sale in Ovilla? You can browse all Ovilla real estate or contact a Coldwell Banker agent to request more information.