ALL OVILLA HOMES
NEW — 1 DAYSSINGLE FAMILY · E W BANTON

$1,275,000

617 Malloy Lane, Ovilla, TX 75154
4 BD · 3 BA · 3,374 SQFT · BUILT 1983 · $378/SQFT

New to the Ovilla market — day 1 on the books.

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.

01 — THE NUMBERS
DAYS ON MARKET
1
$ / SQFT
$378
PROPERTY TYPE
Single family
YEAR BUILT
1983
STATUS
Active
LISTED
AUG 19
LOT
20 AC
02 — KNOW THE CITY
OvillaFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($640K · NTREIS)
+99% VS MEDIANMIDLOTHIAN ISD · ELLIS COUNTY · 26 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYShields
MIDDLEDr. Joy Shaw
HIGHRed Oak
DISTRICTRed Oak ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF EBBY HALLIDAY, REALTORSMLS# 21340925 · NTREIS
LAST UPDATED JUL 27, 2026, 6:11 AM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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