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1314 Mercantile St, Richmond, TX, 77406

2beds
2baths
1,231sqft
$275,280
$224price/sqft
$2,226/moest. monthly cost
$89,040/yrincome needed

About This Home

Welcome to Indigo, a community in historic Fort Bend County. This planned neighborhood offers a fresh approach to living. At its center, you will find a 42-acre urban farm that includes pasture animals, chef-led dinners, and hands-on farming experiences, replacing sprawl with open green space. Every home is just a short walk from Indigo Commons, a town center designed for pedestrians. Here, you can enjoy boutiques, cafés, a filling station, and other local businesses, making daily errands feel like enjoyable traditions. Empire Homes invites you to join a community where deep roots, open skies, and a bright future await you. Measurements are believed to be accurate, but please verify them if they are important. Some photos may be conceptual or representative, and the final home may look different from the images shown. Finishes, colors, and plans may change.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
8/10
7/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

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

Other

  • Builder name: Empire Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

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

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

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

Kitchen

  • Features: Breakfast Bar,Kitchen Island,Kitchen open to Family Room,Pantry,Pots/Pans Drawers

Master Bathroom

  • Features: Primary Bath: Double Sinks,Primary Bath: Shower Only,Secondary Bath(s): Tub/Shower Combo

Property

Details

  • Parcel number: 4114010080060907

Features

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

Lot

  • Features: Subdivided,0 Up To 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Attached,Tandem,Additional Parking,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Tornado

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,391$16,692
Home Insurance *$191$2,292
Property Taxes $406$4,872
Electricity $238$2,859
Total$2,226$26,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,320/yr
40% on housing$66,780/yr
45% on housing$59,360/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 77406$191
Fort Bend County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 77406$169
Fort Bend County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Listed for sale$275,280
2026-04-13Listing removed$275,280
2026-04-06Price change$275,280
2026-03-02Price change$269,390
2026-02-28Price change$296,000
2025-07-28Listed for sale$278,000

New Construction Spec

AgentNancy Almodovar
BrokerageNan and Company Properties

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