1316 Mercantile St, Richmond, TX, 77406
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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: 4114010080070907
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
- Heat Wave
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,391 | $16,692 |
| Home Insurance * | $191 | $2,292 |
| Property Taxes | $406 | $4,872 |
| Electricity | $238 | $2,859 |
| Total | $2,226 | $26,712 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Price change | $275,280 |
| 2026-03-02 | Price change | $269,360 |
| 2026-02-28 | Price change | $296,000 |
| 2026-01-05 | Price change | $290,000 |
| 2025-07-28 | Listed for sale | $278,000 |
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