Located at the junction of Buffalo Bayou and San Jacinto Bay, the townsite of New Washington was settled by Col. James Morgan (1786-1866), who bought 1600 acres of land in the area in 1835. A native of Philadelphia, Morgan had come to Texas in 1830 and served at various times and places as merchant, civic leader, and land agent. While away from his home, serving as a colonel during the Texas Revolution, Mexican troops burned the town of New Washington.
After the war, Morgan and others rebuilt New Washington, and the townsite began to flourish. Morgan realized, however, that it could never compete with the growth of nearby Houston, and during the 1850s he began to promote plans for a channel along Buffalo Bayou that would increase the region's trade potential. That dream was completed in 1876 with the dredging of the Houston Ship Channel by steamship tycoon Charles Morgan.
As Houston continued to grow, New Washington was recognized only as a major bend for the ship traffic along the bayou. Now known as Morgan's Point, the townsite was incorporated in 1949 and stands as a reminder of the early commercial history of Harris County.