As Sweet Feet indicated, it's just a double thick slice of bread. Origin of the phrase is unknown to me, a born, raised, and lifelong (other than the time I served my country) die hard native Texan living therein.
Re: Texas Toast in reply to Texasmark1, 01-06-2013 14:15:07
Wikipedia has a neat history on it:
"One claimant to the invention of Texas toast is the Pig Stand restaurant chain, founded in Oak Cliff, a neighborhood of Dallas, Texas, in the early 1920s. The once-thriving chain, whose heyday in the 1940s saw over 100 locations across the United States, also claims to be the originator of the onion ring. Texas toast may have been first created in 1941 at the Pig Stand in Beaumont, Texas, after a bakery order for thicker slices of bread resulted in slices too thick for the toaster and a cook who suggested buttering and grilling them as a remedy."
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