
$556,144
NAL Estimated Property Value501 Ovilla Oaks Drive, TX, 75154
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About this property
Truly UNIQUE home nestled on 1 acre among dozens of trees on a creek! In the heart of Ovilla, Midlothian ISD. Large deck surrounds two complete sides of this home & showcases the beautiful landscape around you! Every room has a view! Master & 1 bedroom down, 2 bedrooms & office or gameroom up. 3 closets & fireplace in master. Additional fireplaces in living & den. Large, open kitchen with double oven, pull out vent above stove, & an island. Courtyard view & deck access from master. Flexible spaces if something different suits your needs. Quiet neighborhood less than 30 minutes south of Downtown Dallas. Tons of parking places with multiple driveways. Roof, water heaters, & all 3 HVACs recently replaced.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Ovilla
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