Preheat your oven to 425°F and line a baking tray with a sheet of parchment paper.
In a medium saucepan, combine water, milk, and unsalted butter over medium heat. Bring to a simmer until the butter melts.
Remove the saucepan from heat and quickly stir in the bread flour with a wooden spoon until a smooth dough forms.
Return the saucepan to low heat and cook the dough for about 1-2 minutes, stirring constantly. This helps dry out the dough. Remove from heat and let it cool slightly.
With a small bowl, crack four eggs in the bowl, whisk until evenly mixed, and set aside until needed. (Save the 5th egg unless needed)
In a large bowl or in the bowl of a stand mixer add the choux dough. Use the paddle attachment and mix on low speed for 1 to 2 minutes until it's warm enough to not cook the eggs.
Gradually add egg mixture, one-third at a time, stirring well after each addition, until the dough is smooth and glossy. Your dough is ready when you pick up the batter with a spatula and the batter creates a "V" shape.
Transfer dough into a large piping bag fitted with a large round tip. Pipe mounds of desired size choux dough onto the prepared baking tray, leaving space between for it to expand. ( I recommend piping 2-2.5 inches for the perfect size.)