Hico, TX
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Hico short-term rental market based on reliable data.
Listings
21 / 40
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$17,810
Middle-Earners Revenue
Occupancy
33%
Middle-Earners Occupancy
Home Value
$329,620
Median Home Sale Price
Top Earners
$32,886
Top-Earners Revenue
Hico
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Hico.
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Very Investor friendly
Hico Regulations
STRs are permitted citywide in Hico with no identified city or county ordinance prohibiting or strictly limiting them, and the only compliance requirements are standard state (6% HOT) and any local tax registration; the process is straightforward and investors face no meaningful caps or costly permits.
Local STR Agent
STR specialist · Hico, TX
About Hico
For other instances of Hico, see: Hico (disambiguation)
Hico (, HY-koh) is a small city located in Hamilton County in central Texas, United States. The population was 2,611 at the time of the 2020 census, up from 1,379 in the 2010 census. Named for its founder's hometown of Hico in southwestern Kentucky, Hico's original location was on Honey Creek. When the Texas Central line (part of the historic Katy Railroad) was built nearby, the citizens moved 2.5 miles (4.0 km) to the rail line. Hico was incorporated in 1883 and became the Hamilton County shipping center. Over the years, it became a cattle and cotton market. Today, ranching and tourism dominate the local economy.In 1903, Kentucky-based evangelist Mordecai Ham held the first of his 75 Texas revival meetings in Hico. There were 150 professions of faith in Jesus Christ.