The community was named in honor of Horatio Chriesman, a surveyor and early settler from Virginia who moved to Texas as a member of the Old Three Hundred. The community was the home of Perk Williams, fiddle player with Capitol Records artist Jimmy Heap and the Melody Masters, known for the Billboard Top Ten hit song "Release Me." Williams is celebrated at the annual "Perk Fest" at the Chriesman Community Center, located across the railroad tracks from the original downtown near the original cotton gin site, long since razed. An interesting structure that has been on two art tours is the "Bottle House", a quirky, eclectic cottage built out of thousands of wine bottles on the old Dunaway store site on Farm to Market Road 1363 near the Community Center. Although on private property, it is easily visible and a fun photo stop from across the fence. Chriesman is now a virtual ghost town with only one original commercial building still standing – the old post office. It was originally an old school building and was long ago moved to its present site, and the upstairs was the Justice of the Peace court. Later the second story was removed and the post office was moved from inside the Speckman-Matejosky General Storenext door. Next door on the other side was the Chriesman State Bank that closed in 1929, still solvent. This building burned not long after it closed. The old United Methodist Church stood until the Spring of 2018, when it was razed and the new church building was built in its place. The congregation still meets each Sunday morning for services. The Presbyterian Church was next door, but was razed in the 1960s. The John and Elsie Speckman country Victorian home is also still standing a few blocks from where his store was located. In 2017, The Yellow Prairie Emporium re-opened in the remodeled hardware store once owned by Frank Marek until a fire destroyed it in 1942. With its opening, there are hopes to stimulate the local economy and create a revival of the old ghost town. They serve as a local hangout and honor the old ways with their offerings and theme.