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Wallis 77485
6416 Gresham Street
$184,900 Last Listed Price
● House - Off Market

6416 Gresham Street

Wallis, TX 77485
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$209,898
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Lovely new construction in downtown Wallis.  Fantastic location with quick/convenient access to I10 and I59 via State Highway 36.  Small town charm with all the amenities! 1080 square feet with 3 bedrooms, 2 full baths, laundry, open concept living and kitchen with an island.  There is plenty of closet and cabinet storage, with all granite countertops and gorgeous faux wood vinyl flooring in the main living spaces! Come have a look, this property won't last long!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (HAR #10769802)

Price History

Date / Event Date Event Price
Sep 3, 2021 Sold
Premium
Sold
Jun 30, 2021 Listed by Mosswood Properties, LLC $184,900
Listed by Mosswood Properties, LLC
Lovely new construction in downtown Wallis. Fantastic location with quick/convenient access to I10 and I59 via State Highway 36. Small town charm with all the amenities! 1080 square feet with 3 bedrooms, 2 full baths, laundry, open concept living and kitchen with an island. There is plenty of closet and cabinet storage, with all granite countertops and gorgeous faux wood vinyl flooring in the main living spaces! Come have a look, this property won't last long!

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,199
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WALLIS T/S BLOCK 29 LOT 14

Neighborhood

  • School District Name: Brazos Independent School District
  • School Tax School District: S01 F03 R01 R02
  • Census Tract: 760100

Geography

  • Assessors Map Reference: PM:193,P
  • Account Number: 81000
  • Parcel: 81000
  • Block: 29
  • Lot: 14
  • Latitude: 29.6299
  • Longitude: -96.0636

    Address

  • Full Address: 6416 Gresham St
  • Address - House Number: 6416
  • Address - Street Name: Gresham
  • Address - Suffix Type: St
  • State: TX
  • City Name: Wallis
  • Carrier Code: R002
  • 4-Digit Zip Code: 9887
  • Zip Code: 77485

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: G01 C01 S0

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 227,835
  • High Value: 280,093
  • Low Value: 175,578

    Market Valuation

  • Market Total Value: $218,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,565

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 215175
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wallis

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$147

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1939 ft²

Average Home Age

58.1 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1935 Willow Road, Wallis, TX, 77485

$4,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
1935 Willow Road, Wallis, TX, 77485 Listing by Kristen Novicke
Unit for rent at 7626 Highway 60, TX, 77485

$795 /mo

  • 1 Bed
  • 1 Bath
  • 21,174 ft²
7626 Highway 60, TX, 77485 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Shannon Bowen, Mosswood Properties, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 10769802
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 6416 Gresham Street built and last sold?
The property at 6416 Gresham Street was built in 2021 and last sold on Sep 3, 2021 for $180,400.
How much is this home worth?
The estimated value of the home located at 6416 Gresham Street is $186,222.
What are some comparable homes to 6416 Gresham Street?
There are currently no comparable homes to 6416 Gresham Street.
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