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1241 Mercantile St

Richmond, TX 77406
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New constructionNew construction
Just listedJust listed
3 Half Bath(s)
2,400 Sqft
1,000 Lot Sqft
Townhouse/Condo - Townhouse

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Description

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.

MLS#
4147530
List Price
$1,250,000 ($521/Sqft.)
Listing Status
For Sale
Address
1241 Mercantile St
City
Richmond
State
TX
Zip Code
77406
County
Fort Bend County
Subdivision
Indigo Commons Pt Rep 1
Legal Description
INDIGO COMMONS PARTIAL REPLAT NO 1, ACRES 0.023, UNRESTRICTE
Property Type
Townhouse/Condo - Townhouse
Bath
3 Half Bath(s)
Stories
3
Building Size
2,400 Sqft/Seller
Architecture Style
Traditional
Year Built
2026 /Seller
Lot Size
1,000 Sqft/Other
Maintenance Fee
$192 / Monthly
Master Planned Community
Indigo

Rooms

Living
1st
Media Room
2nd
Media Room
3rd

Exterior

Roof
Other
Foundation
Slab on Builders Pier
Private Pool
No
Exterior Type
Brick, Vinyl
Water Sewer
Public Sewer, Public Water, Water District
Front Door Face
East
Unit Location
Greenbelt,On Corner
Area Pool
No

Financial information

Financing Considered
Cash Sale, Conventional, FHA, Investor
Other Fees
No
Maintenance Fee
Yes / $192 / Monthly
Maint Fee Includes
Common Grounds,Garbage Service,Lawn Care,Recreational Facilities
Tax Rate
2.9789

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Interior

Cooling
Central Electric
Heating
Central Electric, Heat Pump
Compactor
No
Dishwasher
No
Disposal
No
Ice Maker
No
Microwave
No

Lot Information

Lot Size
1,000 Sqft. /Other
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Listing Broker

Information source

Houston Association of REALTORS®
Source last updated Apr 25, 2026 at 11:46 AM
Listing last updated Apr 24, 2026 at 09:57 AM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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