Homes for Sale/Fort Bend County/Richmond/Indigo
Active MLS #95974646 · 162 days on market

1316 Mercantile Street

Richmond, TX 77406
Subdivision  ·  Indigo
List Price
$296,000
$240/SF · 28.8% above neighborhood median
Beds
2
Baths
2
Sq Ft
1,231
Built
2025
Garage
2-car
County
Fort Bend
Tax Rate
0.31%

Schools

§ 03
District
Elementary JAMES C NEILL EL B
Middle JAMES BOWIE MIDDLE A
High WILLIAM B TRAVIS H S CCMR 75% · Grad 99% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

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.

Features

§ 02

Interior

  • All Bedrooms Up
  • Breakfast Bar
  • Balcony
  • Double Vanity
  • En Suite Bathroom
  • Instant Hot Water
  • Kitchen Island
  • Kitchen Family Room Combo
  • Pots And Pan Drawers
  • Pantry
  • Tub Shower
  • Upper Level Primary
  • Walk In Closets
  • Ceiling Fans
  • Kitchen Dining Combo
  • Living Dining Room
  • Programmable Thermostat
  • Dishwasher

Exterior & lot

  • Balcony
  • Sprinkler Irrigation
  • Paved Driveway
  • Subdivision
  • None
  • Roof: Composition
  • Foundation: Slab
  • Additional Parking
  • Attached
  • Garage
  • Garage Door Opener
  • Tandem

Community

  • Dog Park
  • Picnic Area
  • Playground
  • Park
  • Trails
  • Trash
  • Prewired
  • Smoke Detectors
  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Duplex
Sub Type Additional Duplex
Architectural Style Traditional
Year Built 2025
Year Built Source Builder
New Construction Yes
Property Condition New Construction
Builder Name Empire Homes

Building

Stories 3
Levels ThreeOrMore
Living Area 1,231 sq ft
Living Area Source Builder
Building Area Total 1,231 sq ft
Foundation Slab
Construction Brick, Cement Siding, Vinyl Siding
Roof Composition

Rooms & Baths

Bedrooms 2
Bathrooms (total) 2
Bathrooms Full 2
Bathrooms Half 0
Rooms Total 3

Interior

Interior Features All Bedrooms Up, Breakfast Bar, Balcony, Double Vanity, En Suite Bathroom, Instant Hot Water, Kitchen Island, Kitchen Family Room Combo, Pots And Pan Drawers, Pantry, Tub Shower, Upper Level Primary, Walk In Closets, Ceiling Fans, Kitchen Dining Combo, Living Dining Room, Programmable Thermostat
Flooring Carpet, Plank, Vinyl
Appliances Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Dryer, Energy Star Qualified Appliances, Instant Hot Water, Refrigerator, Tankless Water Heater, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Windows Low Emissivity Windows
Security Prewired, Smoke Detectors
Indoor Air Quality Ventilation

Exterior

Exterior Features Balcony, Sprinkler Irrigation, Paved Driveway
Patio / Porch Balcony
Fencing None
Pool Private No

Parking & Garage

Garage Spaces 2
Attached Garage Yes
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Tandem

Lot

Lot Features Subdivision
Direction Faces West

Location

County Fort Bend
MLS Area Major 37
MLS Area Minor Fort Bend County North/Richmond
Subdivision Indigo
Postal Code 77406

Utilities

Heating Central, Gas
Cooling Central Air, Electric
Water Source Public
Sewer Public Sewer
Energy Efficient Appliances, Hvac, Insulation, Thermostat, Water Heater, Windows

HOA / Association

HOA Yes
HOA Fee $148
HOA Fee Frequency Monthly
HOA Name Cohere
Fee Includes Common Areas, Recreation Facilities
Amenities Dog Park, Picnic Area, Playground, Park, Trails, Trash

Taxes, Terms & Disclosures

Tax Annual Amount $916 <small style="color:#6b7280">· from 2025 county roll</small>
Tax Year 2025 (county roll)
Tax Rate (est.) 0.31%
Parcel # 4114-01-008-0070-907
Legal Description INDIGO SEC 1, BLOCK 8, LOT 7
Listing Terms Cash, Investor Financing, Owner May Carry Second
Lease Considered No
Disclosures Municipal Utility District Disclosure

Room Layout

§ 04 · 3 rooms · MLS-supplied

Second level · 1

Family Room 19'10 x 11'4

Third level · 2

Primary Bedroom 13 x 11'4
Bedroom 11'4 x 11

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate 1.5000 Resolved MUD jurisdiction not mapped Match confidence —

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$1,853
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$1,777 Property tax$76 Homeowners insuranceTBD
Subtotal (P&I + Tax) $1,853
Yearly HOA fee $1,776

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
2.9789%
ALL 4 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
1.50%
→ stable
School
1.06%
→ stable
City
—
→ stable
County
—
→ stable
Other districts
0.42%
→ stable

HOA & Community

§ 05
● HOA details
$148
MONTHLY
Association nameCohere Management co.— Websitevisit Phone— Cert on filehoa.texas.gov
Fee includes
CommonAreas · RecreationFacilities
● Community amenities
park
· 0.5mi
Harlem Road Park · 0.6mi
Savannah Park · 1.3mi
grocery
· 0.7mi
Riveredge Grocery · 3.3mi
Randalls 2670 · 2.0mi
gas_station
Chevron · 0.7mi
Valero · 3.3mi
daycare
Funshine Acadamy · 1.6mi
· 1.9mi
Tree House Acadamy of Richmond · 2.0mi
restaurant
Thai Square · 2.0mi
Ninja Japanese Cuisine · 2.0mi
La Cocina · 2.0mi
pharmacy
Randalls Pharmacy · 2.0mi
Walgreens · 4.3mi
CVS Pharmacy · 2.2mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
8,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Fiber to the Premises
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Fiber to the Premises
Windstream Sugar Land, Inc.
1,000 / 1,000 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Verizon
300 / 20 Mbps
● LOW LATENCY
NGSO Satellite
Starlink
280 / 30 Mbps
● LOW LATENCY
Copper
Windstream Sugar Land, Inc.
200 / 83 Mbps
● LOW LATENCY
+ 5 additional provider(s)

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48157C SFHA YES SOURCE 48157C_STUDY2
🌡 Heat days >95°F
72 days/yr above 95°F
Plus 24 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
8 comparable sales nearby · sold median $187/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Indigo
TIER: SUBDIVISION
Subdivision name (MLS)Indigo City · ZIPRichmond · 77406 CountyFort Bend Listings in subdivision187 Active now54 Sold (last 12 mo)50 Curated amenities60
● Year-built distribution
2020s 3 2025s 50

Fire Protection

§ 11
Nearest station
Pecan Grove Volunteeer Fire Department 1
· Richmond
Distance
1.5 mi
Straight-line from listing
ISO rating
—
Future data point
Avg. response
—
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48157673700 · ACS 2023
Median HH income
—
ACS 2023
Median home value
—
Census self-report
Owner-occupied
100%
19 housing units
Bachelor's+
2%
Adults 25+
Median age
47.6
Population 2,893
Work from home
—
of commuters
Commute 45min+
0%
of commuters
Below poverty
0.0%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
1316 Mercantile Street, Richmond, TX 77406
Fort Bend County · 29.62°N, 95.71°W
park
—
0.5 mi · 9 within 2 mi
grocery
—
0.7 mi · 2 within 2 mi
gas_station
Chevron
0.7 mi · 1 within 2 mi
daycare
Funshine Acadamy
1.6 mi · 3 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Apr 14, 2026 Listed $296,000 Nancy Almodovar
Dec 31, 2024 Built —
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Nancy Almodovar · Nan and Company Properties
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Aug 26, 2026.
MLS# 95974646 · LIST DATE: Apr 14, 2026 · PARCEL: 4114-01-008-0070-907
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity