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6211 Gresham St, Wallis, TX, 77485

1beds
1baths
884sqft
$199,000
$225price/sqft
$1,734/moest. monthly cost
$69,360/yrincome needed

About This Home

REDUCED for YOU to take this rare opportunity to own nearly half a block in downtown Wallis. The area is growing quickly. You can restore/remodel the existing home, add more homes for a great investment, or build your dream home & run your business on the same property. Located between 3rd and 4th Street on Gresham, the home, along with a workshop/garage/carport, sit on 10 city lots—almost half a square block—covering 0.73 acres with mature trees. The home has been a rental for many years and needs a restoration with some creative updates, it has endless potential and is truly a"Diamond in the Rough". The price reflects its condition. Right in the heart of downtown Wallis, the Townsite area is becoming more active. In Brazos School District it is conveniently located between I-10 and I-59/69, making it easy to reach the Houston Medical Center/Downtown in about 45 minutes. Come see it for yourself and imagine what you could do with this property. Never Flooded! (Per Owners)

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
Brazos Elementary SchoolGrades PK-55.7 mi
8/10
Brazos Middle SchoolGrades 6-81.8 mi
5/10
Brazos High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Block & Beam
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range

Bedroom

  • Level: First
  • Area: 156
  • Dimensions: 12x13

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 884
  • Total interior livable area: 884 sqft

Living Room

  • Level: First
  • Area: 180
  • Dimensions: 15x12

Property

Details

  • Parcel number: R000011005

Features

  • Stories: 1

Lot

  • Lot size: 0.73 Acres
  • Features: Build Line Restricted,Cleared,Wooded,1/2 Up to 1 Acre

Parking

  • Total spaces: 2
  • Parking features: Detached,Additional Parking,Workshop in Garage,Detached Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Drought
Strong Wind
Tornado
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance *$152$1,824
Property Taxes $338$4,056
Electricity $238$2,859
Total$1,734$20,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,451/yr
40% on housing$52,020/yr
45% on housing$46,240/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -3.9%
-3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 77485$575
Austin County$359

vs Homes Sold Last Month

Median $/sqft

ZIP 77485$156
Austin County$176

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Listed for sale$199,000
2026-05-03Pending sale$199,000
2026-03-26Price change$199,000
2025-07-30Price change$219,000
2025-07-01Price change$143,500
2025-05-10Listed for sale$148,000

For Sale by Agent

AgentBarbara Minton
BrokerageRealm Real Estate Professionals - Katy

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