Matagorda is an unincorporated community in Matagorda County, Texas, United States. It had a population of approximately 710 in 2000. Matagorda is at the end of State Highway 60 and beginning of Farm to Market Road 2031, which runs over the Intracoastal Waterway and south to the Gulf of Mexico. The area is popular for fishing and beach activities. The Matagorda Independent School District serves area students.