$184,900 Last Listed Price
●
House -
Off Market
6418 Gresham Street
Wallis, TX 77485
3 Beds
2 Baths
1,080 Ft²
$208,096
RealtyHop Estimate
12.55%
Since Nov 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!
**Photos are from a previous construction (excluding the one taken from the street). Photos represent the expected features and will be updated soon.***
**Photos are from a previous construction (excluding the one taken from the street). Photos represent the expected features and will be updated soon.***
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
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: 4 months ago (HAR #93953637)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by Lone Star Luxe Real Estate, LLC | $225,000 | |
| Listed by Lone Star Luxe Real Estate, LLC | |||
   | |||
|
Charming new construction in the heart of downtown Wallis! Enjoy a prime location with easy access to I10 and I59 via State Highway 36. Experience small-town appeal combined with modern amenities in this 3 bedrooms and 2 full bathroom home.The open-concept living area and kitchen, complete with an island, creates a welcoming space. You'll find ample closet and cabinet storage, stunning granite countertops, and beautiful faux wood vinyl flooring throughout the main living areas. This home also boasts beneficial features such as solar panels on the roof, ensuring lower electric bills, smart home technology for enhanced convenience, and in-wall pest control for peace of mind. Don’t miss out on this opportunity—schedule a visit today, as this property won’t be available for long!
| |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Listed | $210,000 | |
| Listed | |||
| | |||
|
Charming new construction in the heart of downtown Wallis! Enjoy a prime location with easy access to I10 and I59 via State Highway 36. Experience small-town appeal combined with modern amenities in this 3 bedrooms and 2 full bathroom home.The open-concept living area and kitchen, complete with an island, creates a welcoming space. You'll find ample closet and cabinet storage, stunning granite countertops, and beautiful faux wood vinyl flooring throughout the main living areas. This home also boasts beneficial features such as solar panels on the roof, ensuring lower electric bills, smart home technology for enhanced convenience, and in-wall pest control for peace of mind. Don’t miss out on this opportunity—schedule a visit today, as this property won’t be available for long!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Wallis
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Listed by: Shannon Bowen, Mosswood Properties, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 93953637
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Last Updated: 4 months ago
Data Source: HAR , MLS# 93953637
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