Listing provided courtesy of COBB RANCH PROPERTIES, LLCMLS# 21023609MLS ProviderContact Information: Tai Cobb Klam - 254-253-0157
  • 328 days on site
  • 4 views

Located just outside of Hico, Texas, this 37± acre property sits directly on U.S. Highway 281, offering prime visibility and easy access with a double-gated entrance off the paved road. With an estimated 4,500 to 7,800 vehicles passing daily, this tract is ideal for development, investment, or recreational use. The land is fully fenced and includes a deep Second Trinity water well, three-phase power, and three stock tanks—one of which has the potential to be expanded into a large lake. Extensive clearing and maintenance have already been completed, making the property ready for a variety of uses. Hico is located near the top of the scenic Texas Hill Country at the intersection of Highways 281, 6, and 220, and is just a short drive from Dallas, Fort Worth, Austin, and Waco. It’s also only 30 minutes from Tarleton State University in Stephenville, adding value for those looking at future residential or rental development. The town draws thousands of visitors each year with its charming downtown, the Billy the Kid Museum, and the nearly 50-acre Hico City Park, which features RV sites, hike and bike trails, playgrounds, and event facilities. Outdoor recreation abounds in the surrounding countryside, with opportunities for hunting, fishing, and horseback riding. Popular nearby attractions include Dinosaur Valley State Park, Circle T Arena, Fossil Rim Wildlife Center, and Dublin Bottling Works. Hico also hosts the annual Texas Steak Cookoff each May, drawing more than 10,000 visitors to town. With its location, utilities, and proximity to local attractions and a major university, this property is a rare opportunity in a growing Hill Country destination.

Source: North Texas MLS, MLS#: 21023609

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  • Property Type
    Land
  • Lot
    37.08 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at TBD Highway 281


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/4/2026Source: North Texas MLS Price Reduction
$850,000 -8.1%
8/5/2025Source: North Texas MLS Added to Database
August 05, 2025