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 Texas : Towns A-Z / Ghost Towns / Texas Panhandle :

THRIFT, TEXAS
AKA Newtown

A Red River Ghost Town
Wichita County, Panhandle / North Central Texas
Hwy 240 and FM 368
2 miles W of Burkburnett
16 miles NW of Wichita Falls
Population: 0

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Thrift, aka Newtown Tx - Ghost Town Historical  Marker
Photo courtesy Barclay Gibson, 2007
Little is left of Thrift. Even the historical marker has been noted for being a Good candidate for "Worst Condition" [of a historical marker].

Historical Marker Text:

THRIFT

Ghost Townsite, 1.25 miles north)
"Newtown", or "Thrift", originated about 1919 in the northwestern extension of the Burkburnett Oil Field. Early in its existence it gained prestige by the founding of a bank--the only one in the area at that time. Mostly a tent city, Thrift suffered many fires. One of these, started by lightning striking an oil tank in 1920, caused two deaths and wiped out much of the town. Thrift's Post Office opened in 1925. After the population shrank to 30 in 1929, the bank, a church, school, and store served people living at oil field pump stations; but all of Thrift's buildings are now gone.
Thrift, Texas
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Burkburnett
Wichita Falls
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