1241 Mercantile Street Richmond, TX $ 1,250,000
1241 Mercantile Street
$ 1,250,000
Recently Listed New Construction
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1241 Mercantile Street

Richmond, TX, 77406
$ 1,250,000
Baths3.3 Sq 2,400

Monthly Estimate*

$ 7,696

1241 Mercantile Street, Richmond, TX 77406 - Image 1
1241 Mercantile Street, Richmond, TX 77406 - Image 2
1241 Mercantile Street, Richmond, TX 77406 - Image 3
1241 Mercantile Street, Richmond, TX 77406 - Image 4
1241 Mercantile Street, Richmond, TX 77406 - Image 5
1241 Mercantile Street, Richmond, TX 77406 - Image 6
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1241 Mercantile Street, Richmond, TX 77406 - Image 8
1241 Mercantile Street, Richmond, TX 77406 - Image 9
1241 Mercantile Street, Richmond, TX 77406 - Image 10
Studio

Townhouse for sale in Richmond, TX

for $1,250,000 with 3 full baths, 3 half baths. This 2,400 square foot townhouse was built in 2026.

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.

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Townhouse Active

Price

$ 1,250,000

Bedrooms

Studio

Full Bath

3

Half Bath

3

Property Type

Townhouse

Taxes

$ 0

Style

Year Built

2026

Town/City

Richmond

County/Region

Fort Bend

MLS | Web ID

4147530

Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air Electric
Roof Other
HOA Fee 192
Garage Spaces 0
Association Fee Includes Common Areas Maintenance Grounds Recreation Facilities Trash
Architectural Style Traditional
Construction Materials Brick Vinyl Siding
Year Built 2026
Stories Count 3
Levels Three Or More
Property Subtype Townhouse
Tax Year 2025
Community Features Master Planned Community
Accessibility Accessible Approach with Ramp
Assoc Fee Paid Per Monthly
County Fort Bend
New Construction true
Property Type Residential
Association Amenities Lake or Pond Picnic Area Playground Park
Subdivision Name Indigo Commons Pt Rep 1
Facing Direction East
Garage Y/N false
Total Rooms 3
Full Baths 0
Status Active
Directions Exit Grand Parkway at Harlem go South on Harlem. Turn left onto Indigo Way turn right onto Mercantile. Property on right only 3 story building.
High School TRAVIS HIGH SCHOOL (FORT BEND)
City Richmond
Disclosures Municipal Utility District Disclosure Other Special Addendum
Association Name CoHere
High School District 19 - Fort Bend
MLS Area 37
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Elementary School NEILL ELEMENTARY SCHOOL
Middle/Junior High School BOWIE MIDDLE SCHOOL (FORT BEND)
Property Condition New Construction
MLS Area Minor Fort Bend County North/Richmond
Lease Considered Y/N true
Builder Name Sincere
Standard Status Active
Middle/Junior School District 19 - Fort Bend
Elementary School District 19 - Fort Bend
Year Built Source Owner
Property Sub Type Additional Townhouse
Legal Description INDIGO COMMONS PARTIAL REPLAT NO 1 ACRES 0.023 UNRESTRICTE
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 3
Total Bedrooms 0
Total Baths 3
Bedrooms Possible 2
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Exterior
Lot Features Pond on Lot
Water Source Public
Lot Size Area 1000
Foundation Details Pillar/Post/Pier Slab
Building Area Total 2400
Lot Dimensions 20x50
Lot Size Source Other
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* Excluded Features
List By
Camelot Realty Group

Broker

nick@camelothouston.com

Email

Affordability Calculator

$7,696
Per Month
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Monthly Principal & Interest
$7,696
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
TRAVIS HIGH SCHOOL (FORT BEND) High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$1,250,000 Listed Price

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1241 Mercantile Street, Richmond, TX, 77406 is a Townhouse for sale at $1,250,000 with 2,400 sqft. 1241 Mercantile Street is a studio with 3.3 baths and was built in 2026. The property's zip code is 77406 which is in Richmond, TX