About this home

Great Opportunity! Rapid growing area! REDUCED for YOU to own nearly half a block in downtown Wallis. Build VRBO's, Rentals, homes or restore/remodel the existing home, 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 for yourself and imagine what you could do with this property. Home Never Flooded! See Survey attached.

Facts and features

Schools

• Brazos High School

  high · 9-12 · 1.6 mi

  5

• Brazos Middle School

  middle · 6-8 · 1.8 mi

  8

• Brazos Elementary School

  elementary · K-5 · 5.7 mi

  6

Price history

• Oct 6, 2026 · Price Changed$179,000
• May 15, 2026 · Listed$199,000
• May 5, 2026 · Listing Removed$199,000
• Mar 26, 2026 · Price Changed$199,000
• Jan 15, 2026 · Listed$219,000
• Jan 15, 2026 · Listing Removed$219,000
• Jul 31, 2025 · Listed$219,000
• Jul 30, 2025 · Listing Removed$143,500

Tax history

• 2026$1,408 tax · $70,152 assessed
• 2025$1,517 tax · $68,962 assessed
• 2023$1,364 tax · $61,489 assessed
• 2022$1,415 tax · $56,706 assessed
• 2021$1,440 tax · $56,706 assessed
• 2020$1,451 tax · $56,706 assessed
• 2019$1,518 tax · $56,708 assessed
• 2018$1,517 tax · $56,708 assessed

Home value

$189,800

• Cotality$189,800
• Quantarium$166,791
• Collateral Analytics$197,000

Where it is