2MASS J06562998+3002455 or PSS 309-6 is a high proper-motion star that was discovered during a survey with the 2.1 m telescope at Kitt Peak National Observatory. Here, we reevaluate the status of this interesting star using Gaia DR2. Our results strongly suggest that PSS 309-6 could be a Population II star as the value of its V component is close to -220 km/s, which is typical for halo stars in the immediate solar neighborhood. Kapteyn's star is the nearest known halo star and PSS 309-6 exhibits similar kinematic and photometric signatures. Its properties also resemble those of 2MASS J15484023-3544254, which was once thought to be the nearest cool white dwarf but was later reclassified as K-type subdwarf. Although it is virtually certain that PSS 309-6 is not a nearby white dwarf but a more distant Population II subdwarf, further spectroscopic information, including radial velocity measurements, is necessary to fully characterize this probable member of the Galactic halo.