Thackerville's housing stock is characteristic of a small rural Oklahoma town: modest single-family homes on open lots, with some manufactured housing and rural acreage on the outskirts. Growth tied to WinStar World Casino and Resort has added some newer residential construction, but the town remains low-density and spread out. The community is largely owner-occupied, and the surrounding Love County countryside offers room for larger parcels and rural living within a short drive of the interstate.

Thackerville is small enough that it is defined more by its corridors than by distinct neighborhoods. The town clusters near Interstate 35 and the WinStar resort district, with residential streets extending east into the countryside. The nearby town of Marietta, the Love County seat, provides government offices and additional services. Many residents also look south to Gainesville, Texas, and the Dallas–Fort Worth metro for shopping, medical care, and employment.

Thackerville blends rural Oklahoma living with the energy of a resort destination. The presence of WinStar World Casino and Resort brings dining, entertainment, golf instruction, and steady employment to an otherwise quiet community. Outside the resort district, life is unhurried, rooted in agriculture and small-town routine. The Chickasaw Nation's presence adds cultural and civic dimension, and the town's interstate access means big-city amenities are within an easy drive.

Thackerville is served by Thackerville Public Schools, a small district that operates an elementary school and a high school within the community. Class sizes are small, and the district reflects the town's rural character and close-knit family ties. Athletics and school activities anchor community life in this small border town. For higher education and specialized programs, residents look to nearby colleges and to institutions in the Dallas–Fort Worth and Oklahoma City areas.

Interstate 35 is the backbone of transportation in Thackerville, running along the town's western edge and connecting it directly to Dallas–Fort Worth to the south and Oklahoma City to the north. The town sits just north of the Red River and the Texas border. Dallas/Fort Worth International Airport and Will Rogers World Airport in Oklahoma City are the nearest major air gateways. Within the area, travel is almost entirely by car.

Recreation in Thackerville centers on WinStar World Casino and Resort, which offers gaming, entertainment, dining, and the WinStar Golf Academy. The nearby Border Casino adds another gaming option just off the interstate. For outdoor recreation, the Red River and the lakes of southern Oklahoma and North Texas are within driving distance, including Lake Murray State Park north of Marietta. Anglers and boaters also head to the river and reservoirs that dot the surrounding region.