Electra is a city in Wichita County, Texas, United States. It is part of the Wichita Falls metropolitan statistical area. The population was 2,292 at the 2020 census., down from 2,791 in 2010. Electra claims the title of Pump Jack Capital of Texas, a title made official by the state in 2001, and has celebrated an annual Pump Jack Festival since 2002. It was named in honor of Electra Waggoner, an heiress to the Waggoner Ranch. Electra is also known for its Grand Theatre which was refurbished and now a functioning theater.