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.
Listed By
Agency Name: Ebby Halliday, REALTORS
Agency Contact: 817-654-3737
Agent Name: Becky Hearne
Shown By
Agent Name: Kevin Collins
Agent Phone: Cell: (254) 716-1908
Agency Title: Kelly, Realtors
Estimated Payment
$ 3,209.47 per month $2,837.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $371.88 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
617 Malloy Lane | MLS# 21340925
This single family home located at 617 Malloy Lane, Ovilla, TX 75154 is currently listed for sale with an asking price of $1,275,000. This property was built in 1983 and has 4 bedrooms and 3 full baths with 3374 sq. ft. Malloy Lane is located in the E W Banton subdivision within the Red Oak ISD school district. Search E W Banton real estate on kevincollins.kellyrealtors.com today.