New construction

Price increase: $20.7K (8/26)

$296,000

1316 Mercantile St, Richmond, TX 77406

2beds

1,231sqft

$2,336/mo

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Single Family Residence

Built in 2025

-- sqft lot

$287,400 Zestimate^®

$240/sqft

$148/mo HOA

What's special

Welcome to Indigo, a master-planned community in historic Fort Bend County. At its center is a 42-acre urban farm featuring pasture animals, chef-led dinners, and engaging agricultural experiences. Every home is a short walk from Indigo Commons, a pedestrian-friendly town center with boutiques, cafés, and local businesses that turn errands into small-town rituals. Empire Homes invites you to join a community where roots run deep and the future feels bright. Please verify measurements if important, and note that some photos may be conceptual; final homes may vary. Finishes and plans are subject to change.

149 days
61
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room, Utility Room

Primary bedroom

Level: Third
Area: 147.33
Dimensions: 13 x 11'4

Bedroom

Level: Third
Area: 124.67
Dimensions: 11'4 x 11

Family room

Level: Second
Area: 224.78
Dimensions: 19'10 x 11'4

Heating

Natural Gas

Cooling

Ceiling Fan(s), Electric

Appliances

Included: ENERGY STAR Qualified Appliances, Water Heater, Dryer, Refrigerator, Washer, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Instant Hot Water
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Features

Balcony, Prewired for Alarm System, All Bedrooms Up, En-Suite Bath, Primary Bed - 3rd Floor, Walk-In Closet(s)
Flooring: Carpet, Vinyl
Windows: Insulated/Low-E windows

Interior area

Total structure area: 1,231
Total interior livable area: 1,231 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Tandem, Additional Parking, Garage Door Opener
Attached garage spaces: 2

Features

Stories: 3
Exterior features: Balcony, Sprinkler System
Fencing: None

Lot

Features: Subdivided, 0 Up To 1/4 Acre

Details

Parcel number: 4114010080070907

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Blown-In Insulation, Brick, Cement Siding, Vinyl Siding
Foundation: Slab
Roof: Composition

Condition

New construction: Yes
Year built: 2025

Details

Builder name: Empire Homes

Utilities & green energy

Sewer: Public Sewer
Water: Public, Water District

Green energy

Green verification: Other Energy Report
Energy efficient items: Attic Vents, Thermostat, HVAC

Community & HOA

Community

Security: Prewired for Alarm System
Subdivision: Indigo

HOA

Has HOA: Yes
Amenities included: Dog Park, Jogging Path, Park, Picnic Area, Playground, Trail(s)
HOA fee: $148 monthly

Location

Region: Richmond

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $30,760
Annual tax amount: $455
Date on market: 4/14/2026
Listing terms: Cash,Investor,Owner 2nd
Ownership: Full Ownership

Estimated market value

$287,400

$273,000 - $302,000

$2,023/mo

Price history

Date	Event	Price
8/26/2026	Price change	$296,000+7.5%$240/sqft
Source: HAR #95974646 Report a problem
4/6/2026	Price change	$275,280+2.2%$224/sqft
Source: HAR #32132154 Report a problem
3/2/2026	Price change	$269,360-9%$219/sqft
Source: HAR #32132154 Report a problem
2/28/2026	Price change	$296,000+2.1%$240/sqft
Source: HAR #32132154 Report a problem
1/5/2026	Price change	$290,000+4.3%$236/sqft
Source: Empire Homes Report a problem
7/28/2025	Listed for sale	$278,000$226/sqft
Source: HAR #32132154 Report a problem