Built in 1920, The theatre seated between 1,000 and 1,200 and was fully equipped for stage productions. It featured an orchestra pit with a private conductor’s entrance, a 50-foot fly space for scenery, and seven dressing rooms beneath the stage—essential for traveling road shows. The mezzanine once housed the town’s first beauty parlor, Mary Louise, alongside a gift shop. A newsstand stood near the entrance, while portable concession stands and A-frame posters lined the sidewalk.

After closures in the 1930s and again in the 1980s, the city purchased the theater and a group of Eastland citizens undertook a huge community project, the renovation and reopening of the Majestic as Eastland's civic center.

Today, the Majestic shows feature films Friday through Monday and hosts classic films, concerts, conventions, school and religious events, and touring stage shows for children and adults. The building also features a State of Texas historical marker. The Theater is currently operated and managed by the Fine Arts Community Association of Eastland.