617 Malloy Ln, Ovilla, TX 75154

$1,275,000
4
BD
3
BA
3,374
SqFt

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List Price
$1,275,000
MLS#
21340925
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1983
Construction Status
Preowned
Bedrooms
4
Full Baths
3
Acres
20
Living Area
3,374
County
Ellis
City
Ovilla
Subdivision
E W Banton
Number of Stories
2
Architecture Style
Traditional, Detached

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.

Additional Information

Unexempt Taxes
$14,148
Amenities
Fireplace, Pool
Lot Size
871,200
Acres
20
Lot Description
Agricultural, Back Yard, Irregular Lot, Lawn, Landscaped, Level, Pasture, Sprinkler System-Yard, Few Trees
Interior Features
Bar-Wet, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
Flooring
Carpet, Tile, Laminate
Foundation
Slab
Roof
Composition
Stories
2
Pool
Yes
Pool Features
Fenced, Gunite, In Ground, Outdoor Pool, Pool
Fireplaces
2
Fireplace Type
Family Room, Free Stand, Living Room, Masonry, Raised Hearth, Wood Burning, Wood Burning
Exterior
Barbecue, Barbecue, Deck, Dog Run, Outdoor Grill, Outdoor Kitchen, Private Entrance, Rain Gutters, Storage
Parking Garage
Additional Parking, Converted Garage, Driveway, Electric Gate, Rv/Boat Parking, Rv/Boat Parking
School District
Red Oak Isd
Elementary School
Shields
Middle School
Dr. Joy Shaw
High School
Red Oak
Possession
Negotiable

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Listing courtesy of Becky Hearne from Ebby Halliday, REALTORS. Contact: 817-654-3737