This city is named after cattle baron W.T. Waggoner’s daughter. In 1911, the gusher of Clayco No. 1, just north of town opened oil fields and Electra was named the "Pump Jack Capital of Texas" by the Texas Legislature. Festivals include the Electra Goat Barbecue on Mother's Day weekend and the Holiday of Lights Christmas Parade and Angel Lighting. An RV park is at the Fairgrounds (940/495-2131.