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New construction
    • $1,250,000

    1241 Mercantile St, Richmond, TX 77406

    0beds
    2,400sqft
    : 
    $8,940/mo
    Get pre-qualified
    Townhouse
    Built in 2026
    1,001 Square Feet Lot
    $1,200,500 Zestimate®
    $521/sqft
    $192/mo HOA

    What's special

    Plentiful windows
    The first "incremental retail" building in Indigo Commons! A gorgeous three story mixed use building at the heart of Indigo and in the middle of the town center, Indigo Commons. Designed to house the marketing team and HOA for Indigo, this building is currently for sale while it is being built. The downstairs is a retail/hospitality space with a bar, plentiful windows, and opens onto a private patio space. The two floors upstairs are designed to be office spaces. The upstairs floors have been designed so that they can easily be converted to residential - with pipes in place to install sprinklers if needed. Each floor has approximately 700sq ft of usable space.
    92 days
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    66
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Panzarella TREC #0696168 832-443-4293,

    Camelot Realty Group

    Source: HAR,MLS#: 4147530MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 3
      • 1/2 bathrooms: 3
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,400
      • Total interior livable area: 2,400 sqft

      Property

      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: Levels 1, 2 and 3
      • Stories: 3
      Lot
      • Size: 1,001 Square Feet
      • Dimensions: 20 x 50
      • Features: Greenbelt, Corner Lot
      Details
      • Parcel number: 4114000000091907

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab on Builders Pier
      • Roof: Other
      Condition
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Sincere

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Water District

      Community & HOA

      Community
      • Subdivision: Indigo Commons Pt Rep 1
      HOA
      • Amenities included: Park, Picnic Area, Playground, Pond, Stocked Pond
      • HOA fee: $192 monthly
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $521/sqft
      • Date on market: 4/23/2026
      • Listing terms: Cash,Conventional,FHA,Investor

        Estimated market value

        $1,200,500

        $1.14M - $1.26M

        $2,732/mo

        Price history

        DateEventPrice
        4/23/2026Listed for sale$1,250,000$521/sqft
        Source: HAR #4147530 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 77406

        Getting around

        3 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Neill Elementary School
        • Middle: Bowie Middle School (Fort Bend)
        • High: Travis High School (Fort Bend)

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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