The village, however, existed only as the Belcher Ranch's administrative center until 1887, when the Belchers bought 27,000 acres (11,000 ha) of land and laid up a townsite in anticipation of the Gainesville, Henrietta and Western Railway's extension through the area.

Belcherville's expansion as a regional cattle and cotton shipping hub was aided by the train link and the nearby Red River Station's almost total destruction by a storm in 1890.

The municipality suffered over the twentieth century, and in 1908, locals decided to vote to rescind the charter of incorporation.

Since it was reportedly the smallest incorporated town in the United States in 1958, the municipality may have reincorporated in the first half of the 20th century.

It destroyed several outbuildings and two sheds, blew down a back door, and damaged the roof of one home.