According to oral tradition, "a Swede" traveling through the area named the town for Sevastopol, Crimea.

It is rumored that the "Swede" was Frederick Law Olmsted (of Central Park fame) who stayed at Sebastopol House in Seguin, Texas during his travels throughout the southern United States.

From 1852 to 1857, Olmsted was sent to the southern United States by his employer, The New York Times, to study and write about slavery.

The nearest theatre is a small local operation located in Philadelphia, Mississippi.

[citation needed] The town got access to cable TV in the late 1990s, which has yet to be offered to areas located just outside the city limits.

[4] According to the United States Census Bureau, the town has a total area of 1.5 square miles (3.9 km2), all land.

As of the 2020 United States census, there were 266 people, 115 households, and 81 families residing in the town.

About 9.5% of families and 18.6% of the population were below the poverty line, including 23.8% of those under the age of eighteen and 28.2% of those sixty-five or over.