Texas

Hico

City Hico is a city in Texas, partly in Erath County and Hamilton County.

The median owner-occupied home in Hico had a real-estate tax bill of $2,438 (± $177) a year, compared with $4,111 in Texas and $2,969 nationwide. The median home value was $122,600 (± $27,452), compared with $260,400 in Texas and $303,400 nationwide.

U.S. Census Bureau estimates for Hico, Texas and the United States, with margins of error
MeasureHicoTexasUnited States
Population 1,806 ± 282 29,640,343 332,387,540
Median annual property tax bill (homeowners) $2,438 ± $177 $4,111 ± $16 $2,969 ± $3
Median home value $122,600 ± $27,452 $260,400 ± $738 $303,400 ± $362
Median household income $52,250 ± $25,599rough guide only: the margin of error is 49% of the estimate $76,292 ± $265 $78,538 ± $176
Property tax as a share of home value (calculated) 1.99% ± 0.47 points 1.58% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 73.3% ± 10.3 points 62.6% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 50.3% ± 19.7 pointsrough guide only: the margin of error is 39% of the estimate 27.7% ± 0.2 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 16.2% ± 7.3 pointsrough guide only: the margin of error is 45% of the estimate 21.9% ± 0.1 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Texas

How it works. Judicial tax-lien foreclosure or tax-warrant seizure followed by sheriff/constable tax sale and deed; property remains subject to statutory post-deed redemption

Excess sale money. 34.02 sends excess after sale participants to court clerk. 34.03 requires clerk to retain excess for 2 years and notify former owner when amount exceeds $25; 34.04 provides claim procedure. 2025 S.B.2878 changed notice delivery wording but retained two-year holding/claim structure

These rules are set by Texas, not by Hico, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Texas entry with statute links.

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