Redfin is joining Rocket

Discover how we're simplifying your journey home.

$580,000 Sold price
$19,900 Below Asking Closed on Jul 29, 2025

1540 Royal Dr Reno, NV 89503

3 beds
2 full
1,224 sqft
0.2 acres
House

Comparable homes

Property details

Closing details

Sold price
$580,000
Price difference
$19,900 Below Asking
List price
$599,900
Closing date
July 29, 2025

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 11, 2022
Home Sold
$530,000
Aug 25, 2021
Home Sold
$400,000
Mar 14, 2013
Home Sold
$170,000
Sep 08, 2011
Home Sold
$81,500
Jul 01, 1992
Home Sold
$117,500

Tax history

YearAssessmentProperty Tax
2023$57,117$872
2022$46,106$847
2021$35,483$785
2020$33,958$785
2019$33,529$739
2018$27,150$717
2017$25,380$697

History based on county public records data.

Nearby schools

2

Elmcrest Elementary School

Public District KG-5

0.4 mi

855 McDonald Dr

6

Peavine Elementary School

Public District KG-5

0.4 mi

1601 Grandview Ave

7

Mamie Towles Elementary School

Public District KG-5

0.8 mi

2800 Kings Row

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,839. Typical income of Reno, NV residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

40%
<35k
37%
35k-100k
20%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
14%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken
  • Bob EvansBob Evans

What do the neighbors drive?

  • DodgeDodge
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Frequently asked questions

About 1540 Royal Dr

The listing price of 1540 Royal Dr property is $599,900.

The property 1540 Royal Dr is a house located in Reno, Nevada, 89503.

The current status of 1540 Royal Dr is unknown.

The nearby schools for 1540 Royal Dr are: Elmcrest Elementary School (GreatSchools Rating 2/10), Peavine Elementary School (GreatSchools Rating 6/10), Mamie Towles Elementary School (GreatSchools Rating 7/10), Archie Clayton Middle School (GreatSchools Rating 7/10), Darrell C. Swope Middle School (GreatSchools Rating 8/10), Coral Academy Middle School (GreatSchools Rating 6/10), Innovations High School (GreatSchools Rating 1/10), The Davidson Academy of Nevada (GreatSchools Rating 10/10), Reno High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $872 (source: MLS/based on county public records data).

The last sale was on October 11, 2022 for $530,000 (source: MLS/tax record).

The property at 1540 Royal Dr has 3 bedrooms and 2 bathrooms.

The property 1540 Royal Dr is 1,224 SqFt (source: MLS/tax record).

The year of construction for 1540 Royal Dr is 1961.

This home is located at 1540 Royal Dr in Reno, NV and zip code 89503. This 1,224 square foot home, which was built in 1961, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $599,900.

In June 2025, from all listings sold in Reno, NV there were more than 73 sold above asking price, over 165 sold below and more than 100 were sold right at the asked price. The number of listings in Reno, NV increased by 7.5% between May and June 2025. The median list price of listings available in June 2025 was $580,124, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

More resources

MLS Disclaimers and Copyright

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.