About this property

Opportunity awaits at 316 Teakwood Dr in Victoria. This 3-bedroom home offers a flexible layout with a large office featuring its own private entry—ideal for a home business, studio, or potential conversion to additional living space. Inside, you’ll find both a formal dining room and a breakfast nook off the kitchen, along with a spacious living area centered around a fireplace. The home needs repairs and updates, and is being offered as an investor or project opportunity. With approximately 2,100+ square feet of living space, there is ample room to reimagine and add value. Located in an established neighborhood, the property benefits from a recently improved street and convenient access to schools, shopping, and everyday amenities. Ongoing commercial growth in the area—including new retail and development near Walmart—adds to the long-term upside. Whether you’re looking for your next renovation project, rental investment, or a property to customize to your needs, this home offers solid potential in a growing area. Functional layout with separate-entry office offers multiple exit strategies (rental, resale, or live/work). ***Property is being sold AS-IS, WHERE-IS. SELLER WILL MAKE NO REPAIRS. BUYER TO VERIFY ALL INFORMATION. BUYER IS RESPONSIBLE FOR ALL INSPECTIONS. Proof of Funds must accompany every offer. This property has been placed in an upcoming event. All bids should be submitted at the Xome Auction website, void where prohibited. Please submit any pre-auction offer received through the property details page on the Xome Auction website. Any post-auction offers must be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions; minimums will apply. Please contact the listing agent for details and the commission paid on this property.***