Vashti is an unincorporated community in southeastern Clay County in the U.S. state of Texas.

Vashti had 264 residents in the 1920s, and the town was home to several businesses, including a cotton gin, three general merchandise stores, a pharmacy, and a blacksmith shop.

Vashti was generally steady throughout the 1930s and 1940s, but it entered a decline phase in the 1950s as farming became less viable and better roads promoted more movement.

140 people were living in Vashti by the middle of the 1950s, a number the town kept track of until the late 1980s.

The main industries in the area included fruit production, dairy farming, pottery manufacturing, and cattle husbandry.