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$895,000

505 B County Road 242, Hico, TX, 76457

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.93 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range
FlooringConcrete, Stamped

About this property

Welcome to 505 County Road 242 in Hico, TX—a perfect blend of country charm and modern amenities. Built in 2015, this spacious 2,824 sq ft home sits on 25 +- scenic acres with rolling views, a pond, and a peaceful setting just minutes from town and Hico schools. The open-concept interior features stamped concrete floors, a beautiful kitchen with granite countertops and abundant storage, and a large laundry room with custom built-ins. The inviting living area includes a cozy fireplace with both propane and wood-burning options. The primary suite offers a spacious bathroom, a huge walk-in closet, and a private hideaway room. Step outside to enjoy a backyard oasis complete with a pool, sun deck, and hot tub—ideal for entertaining or relaxing. The property includes a small carport barn for storage and equipment, plus an additional storage building. There’s also the option to purchase additional acreage. Located close to a great neighborhood and Hico schools, this property offers privacy, space, and convenience all in one.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hico

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505 B County Road 242 | Property Details | No Agent List