Active Under Contract
Price CutPrice Drop: $80K (10/27)
Single family home for sale at 617 Malloy Ln, Ovilla, TX 75154 | MLS# 21340925 | Listing updated on 2026-10-27
Photo 1 of Single family home for sale at 617 Malloy Ln, Ovilla, TX 75154 | MLS# 21340925 | Listing updated on 2026-10-27
Photo 2 of Single family home for sale at 617 Malloy Ln, Ovilla, TX 75154 | MLS# 21340925 | Listing updated on 2026-10-27
Photo 3 of Single family home for sale at 617 Malloy Ln, Ovilla, TX 75154 | MLS# 21340925 | Listing updated on 2026-10-27
Photo 4 of Single family home for sale at 617 Malloy Ln, Ovilla, TX 75154 | MLS# 21340925 | Listing updated on 2026-10-27
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$1,195,000

Monthly Est:$5,948

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon3,374sqft

617 Malloy Ln, Ovilla, TX 75154

$5,948/moEst:

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  • Single Family Residence

  • Built in 1983

  • $-- HOA

  • 20 acres lot

  • $354/sq.ft

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.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: October 27, 2026 at 11:18 pm
  • Listing Provided by: Becky Hearne (817) 228-9169 | Ebby Halliday, REALTORS (817) 654-3737
  • Source: NTREIS MLS-TX | MLS#: 21340925 NTREIS MLS-TX

Property Details

  • Status

    Active Under Contract

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Ellis County

  • City

    Ovilla

  • Neighborhood

    --

  • Year Built

    1983

  • HOA Fees

    -

  • Finished Area

    3,374 sqft

  • Lot Size

    20 acres lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21340925

  • MLS Status

    ActiveUnderContract

  • Cumulative Days on Market

    93

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

  • FullBath

    Level: Second

    Area: 70.00 Square Feet

    Dimensions: 10 x 7

  • Bedroom

    Level: Second

    Area: 150.00 Square Feet

    Dimensions: 15 x 10

  • Bedroom

    Level: Second

    Area: 154.00 Square Feet

    Dimensions: 14 x 11

  • PrimaryBathroom

    Level: Second

    Area: 156.00 Square Feet

    Dimensions: 13 x 12

  • PrimaryBedroom

    Level: Second

    Area: 255.00 Square Feet

    Dimensions: 15 x 17

  • BonusRoom

    Level: First

    Area: 342.00 Square Feet

    Dimensions: 19 x 18

  • Bedroom

    Level: First

    Area: 120.00 Square Feet

    Dimensions: 10 x 12

  • FullBath

    Level: First

    Area: 48.00 Square Feet

    Dimensions: 8 x 6

  • UtilityRoom

    Level: First

    Area: 96.00 Square Feet

    Dimensions: 8 x 12

  • DiningRoom

    Level: First

    Area: 121.00 Square Feet

    Dimensions: 11 x 11

  • BreakfastRoomNook

    Level: First

    Area: 77.00 Square Feet

    Dimensions: 7 x 11

  • Kitchen

    Level: First

    Area: 165.00 Square Feet

    Dimensions: 15 x 11

  • FamilyRoom

    Level: First

    Area: 238.00 Square Feet

    Dimensions: 17 x 14

  • LivingRoom

    Level: First

    Area: 510.00 Square Feet

    Dimensions: 30 x 17

Interior

  • Appliances

    Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Trash Compactor

  • Heating

    Central, Electric, Fireplaces, Wood Stove

  • Exterior Features

    Built In Barbecue, Barbecue, Deck, Dog Run, Outdoor Grill, Outdoor Kitchen, Private Entrance, Rain Gutters, Storage

  • Cooling

    Central Air, Ceiling Fans, Electric, Window Units

  • Interior Features

    Wet Bar, Built In Features, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable Tv, Walk In Closets

  • Window Features

    Window Coverings

  • Flooring

    Carpet, Ceramic Tile, Laminate

  • Sewer

    Septic Tank

Construction

  • Year Built

    Year Built: 1983

  • Home type

    Single Family Residence

  • Property Condition

    Resale

  • Construction Materials

    Brick

  • Architectural Style

    Traditional, Detached

  • Roof

    Composition

  • Foundation Details

    Slab

Utilities & Energy

  • Parking Features

    Additional Parking, Converted Garage, Driveway, Electric Gate, Boat, Rv Access Parking

  • Utilities

    Electricity Connected, Septic Available, Water Available, Cable Available

  • Pool Features

    Fenced, Gunite, In Ground, Outdoor Pool, Pool

  • Fireplace Features

    Family Room, Free Standing, Living Room, Masonry, Raised Hearth, Wood Burning, Wood Burning Stove

  • Water Source

    Public

  • Laundry Features

    Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room

Other Features

  • Disclosures

    Accessory Dwelling Unit

  • Subdivision Name

    E W Banton

  • Lot Features

    Acreage, Agricultural, Back Yard, Interior Lot, Lawn, Landscaped, Level, Pasture, Sprinkler System, Few Trees

  • Patio And Porch Features

    Rear Porch, Front Porch, Patio, Side Porch, Covered, Deck

Price History

DateEventPrice

10/27/2026

Source: mls_logoNTREIS MLS-TX #21340925

Contingent (Active Under Contract)

$1,195,000

$354/sqft

09/12/2026

Source: mls_logoNTREIS MLS-TX #21340925

Price Decreased

$1,195,000 -6.27%

$354/sqft

07/26/2026

Source: mls_logoNTREIS MLS-TX #21340925

Listed for Sale

$1,275,000

$378/sqft

Nearby Homes

Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 04, 2026, 01:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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