The Pleasant Valley Community or Shearer Community was a group of farm houses southeast of Olney and six miles northwest of Jean, on Highway 114. Shearer was named for early pioneer, W.G. Shearer.

The Baptist church had a membership of 44 and there was a two-room school in the community.

• The first location of the school was north of Jean and 700 varas west of the southeast corner of the Texas Emigration & Land Company Survey No. 1399.
• The last location is on the Texas Emigration & Land Survey No. 3401 on the north boundary line of that same survey and near the southwest corner of the Texas Emigration & Land Company Survey No. 1394. The school consolidated into the Jean and Olney school districts.