The history of the Peachtree school and community began when the first settlers found ripe peaches on trees near the waterhole. Before the schoolhouse was built, the site was used for barbecues and picnics under big trees shaded by mustang grape vines, and young people waded and swam in Verde Creek or ran foot races and played baseball while men raced horses on the flats and women visited and talked. Children of the area went to Cow Creek School in Bandera County, to the Leinweber School, or to the Quihi School in Medina County, or boarded with relatives in other cities. In 1906, John H. Cosgrove donated land for a one-room school built by neighbors who furnished the lumber and labor. Water was carried from the spring at Peachtree waterhole on the Joe Short ranch. When the building was recently moved to the Heep Ranch, one board in the structure was found carved "J.L. Short-1868." The Peachtree schoolhouse served as a school, a neighborhood meeting place for ice cream suppers, Easter egg hunts, and Christmas pageants, and as a community church. The school closed shortly after 1935.