The solution with TextBoxFor is OK, but if you don't want to see the field like EditBox stylish (it might be a little confusing for the user) involve changes as follows:
Razor code before changes
<div class="editor-field">
@Html.EditorFor(model => model.Text)
@Html.ValidationMessageFor(model => model.Text)
</div>
After changes
<!-- New div display-field (after div editor-label) -->
<div class="display-field">
@Html.DisplayFor(model => model.Text)
</div>
<div class="editor-field">
<!-- change to HiddenFor in existing div editor-field -->
@Html.HiddenFor(model => model.Text)
@Html.ValidationMessageFor(model => model.Text)
</div>
Generally, this solution prevents field from editing, but shows value of it. There is no need for code-behind modifications.