Two places of worship, the All Around Cowboy Church and the Christian City Fellowship are on the east side of SH 36 just to the south of Trenckmann Road.

[2] Camp Brosig, owned by the Boy Scouts of America, is located nearby at 1893 Trenckmann Road 1.6 miles (2.6 km) to the northwest of SH 36.

[3] Austin County was first settled by Anglo-Americans in the 1820s, but Peters did not come into existence until the Gulf, Colorado and Santa Fe Railway was built between Sealy and Bellville in the 1880s.

A station on the railroad, the community received a post office in 1883 and was named for Albert Peters, an early settler.

In the early 1980s, the community boasted a hospital, three commercial establishments, a church, and a clubhouse.