# 318 W Ross Street, Gorman, TX 76454

> **TL;DR:** 3bd/3ba single family, $120,000 ($57/sqft), built 1937, 2,101 sqft.
> A/C. Est. $520/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $120,000 |
| Price/sqft | $57 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 2,101 |
| Year Built | 1937 |
| Lot Size | 11,500 sqft (0.26 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $520 |
| **Total** | **$520** |

## Nearby Schools

- **Elementary:** Maxfield
- **Middle:** Gorman
- **High:** Gorman

## Key Amenities

- A/C

## Property Highlights

- Built in 1937
- 0.26 acre lot
- 2 stories

## Description

### Agent Description
**Investor Opportunity in Gorman, Texas!** Bring your vision and unlock the potential of this charming property situated on a corner lot in the quiet community of Gorman, Texas. This home offers solid potential for investors, flippers, landlords, or buyers looking to create value through renovation and updates. The main level features a functional layout with plenty of space to reimagine and modernize, while the second floor includes a flexible bonus area complete with its own bathroom. This versatile space could serve as an additional bedroom, guest suite, office, game room, or rental space, adding to the property's value and appeal. Located on a prominent corner lot in a peaceful small-town setting, the property offers excellent curb appeal potential and plenty of room for improvement. Whether you're looking for your next renovation project, a long-term rental investment, or an affordable property with upside, this home presents an opportunity to build equity and maximize returns. Properties with this much potential at an affordable price point are becoming harder to find. Schedule a showing today and explore the possibilities this Gorman investment opportunity has to offer.

## Location

- **Address:** 318 W Ross Street, Gorman, TX 76454
- **County:** Eastland
- **Neighborhood:** Ot Gorman
- **Coordinates:** 32.2126, -98.675628
- **Google Maps:** https://www.google.com/maps?q=32.2126,-98.675628

## Listing Agent

- **Name:** Riley Dunlap
- **Brokerage:** Signature Land & Home
- **Phone:** (254) 485-5718

## Primary Photo

![318 W Ross Street - Primary Photo](http://lh.rdcpix.com/cc9acfdc8b3a8f8fdb0e1c0c10db90b1l-f2595419711r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/318-w-ross-street-gorman-tx-76454-21297431)*

---

**MLS#:** 21297431 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/318-w-ross-street-gorman-tx-76454-21297431)

---

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