Back 729 Royal Cresent Dr
Off Market

729 Royal Cresent Dr

Richmond VA 23236

3
2
2
912 sq. ft.
0.33 ac.
Single-Family
Last sold for $269,000
Deborah ReynoldsDeborah Reynolds, last sold this property on 08 July 2025 after 41 days on market.

Overview

Investor Special – Tenant in Place Through 10/31/2025 & Willing to Stay - This ranch-style home presents an excellent opportunity for investors seeking a turn-key rental with a tenant already in place and willing to stay long-term. Situated on a spacious, private lot with mature trees and a fenced backyard, the property offers a peaceful setting with convenient access to Courthouse Road, Powhite Parkway, and Route 288. Inside, the home features three bedrooms and one and a half baths. The full bathroom has been updated with a newer vanity, toilet, and flooring. A functional utility room includes a half bath. Recent updates include a new dishwasher (March 2023), a Stainless Steel Whirlpool Electric Freestanding Range installed (April 2023), a refrigerator (July 2024), a hot water heater (July 2024), a washer/dryer approximately 5 years old, an updated heat pump, new crawl space doors, and automatic foundation vents. Additional features include a detached 20x20 two-car garage with lighting and electricity—ideal for storage, hobbies, or a workshop—a separate storage shed, and a concrete pad suitable for a kennel, patio, or custom feature. The exterior is low maintenance with vinyl siding, replacement windows, and solid gutter guards installed approximately four years ago to proactively protect the roof. This home is ideal for investors seeking immediate rental income with future growth potential. Very reliable tenant, paying rent of over $1,500 each month, providing a consistent monthly income stream for investors. Schedule your private tour today!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
912 sq. ft. floor area
0.33 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Richmond over the last 12 months, the estimated median property value of 729 Royal Cresent Dr is $355k.

Median value
$355k
Estimated value range
$224k - $750k
Median days on market
7
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 729 Royal Cresent Dr

2025
Sold
$269,000
08 Jul 2025 by Deborah Reynolds, of Keller Williams Realty
2017
Sold
$152,000
08 Jun 2017 by Connie Myers, of Long & Foster REALTORS

Happy sellers in Richmond

90%
90% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Richmond over the last 12 months.

Local market activity for 3 bedroom single-family properties in Richmond

In the last 12 months, 151 three-bedroom single-family properties similar to 729 Royal Cresent Dr, have been sold.

This represents a 2% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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