Established in 1894 in southern Wharton County, its earliest settlers were Danish immigrants who relocated from the Midwest to Texas to extend Danish culture in the U.S. Historical records, kept by these early settlers are now housed in the Danevang Museum. Danevang was declared "The Danish Capital of Texas" by the Texas Legislature in 1990. Danevang, translated from Danish means "Danish Fields."
Community Hall is the oldest building in town and is still used for events. A Texas historical marker signifies the building's age of more than 100 years old.