Historic Hico Texas, Central Texas Commercial 1+,- Acre Lot. Hico is a historic town located at the crossroads of Highways 281, 6 and 220. The town of Hico offers restaurants, unique shops, boutique shopping, and outdoor activities. Don't miss out on developing your special niche business in a town so full of growth with high traffic count. Property has been cleared and dirt added. City water and sewer at the property. Schedule your private showing today!