Actually, Texas by itself would be pretty successful. And the US will hurt a lot.
http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP_(nominal)
This is a link on the GDP of individual states in the United States. As you can see, Texas constitutes the second largest GDP of any state in the Union (behind California). It would also have the 13th highest GDP in the world if independent, ahead of Australia, Mexico, South Korea, etc, and just behind the Russian Federation. It'll also be the4th largest economy on both American continents.
Basically, Texas represents 8% of the GDP of the United States. Also, with its reserves of oil and its location along the Mexican-US border and the Gulf of Mexico makes it ideal as a location for trade. So, an independent Texas will by a significant power anyway one looks at it.
Edit: Although this kind of highlights the obscene power of the United States. Even if the US is broken up into smaller units, each one still has enough wealth and industry to be a significant player in the world economy.
Dtnoip28
Texas wouldn't have much of an economy if it seceded on account of the fact that the federal government would certainly blockade all of Texas's borders and waters. Obviously they couldn't do much about the Texas-Mexican border although they would probably create a policy wherein they would declare war on (or at least embargo) any country that attempted to trade with Texas. Those things would ensure that Texas would be completely cut-off from the rest of the world. No country is going to try to fight its way through the US navy to try to trade with Texas nor would they choose trading with Texas over trading with the USA. 
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