Breckenridge was a stop on the since defunct Wichita Falls and Southern Railroad, one of the properties of Frank Kell and Joseph A. Kemp of Wichita Falls, Texas. The line was thereafter operated until 1969 by the Chicago, Rock Island and Pacific Railroad.
Dallas Cowboys legend and Texas High School Football Hall of Fame member Gerald M. "Jerry" Tubbs was an honor graduate student and played center at Breckenridge High School. He was part of two Texas state championship football teams in 1951 and 1952. He played in three high school All-Star games and was a unanimous Texas All-State selection in 1952. In 1971, Tubbs was inducted into the Texas High School Football Hall of Fame. Since 2008, the Breckenridge Buckaroos open the football season playing the "Jerry Tubbs Kickoff Classic".