
Position your business for success with this exceptional commercial real estate opportunity, designed to maximize visibility, flexibility, and long-term value. Situated in a high-traffic corridor with strong surrounding growth, this property offers the exposure and accessibility businesses need to thrive.
Spanning 0.84 acres, the parcel features level ground and a clean rectangular shape, making it exceptionally easy to develop, configure, and adapt for virtually any business use. Whether you’re envisioning retail, office space, storage, service operations, or a custom build-out, the layout provides a straightforward path from concept to completion—saving time and reducing development complexity.
Adding immediate utility and value, the property includes an existing **mobile home and septic system**, offering flexibility for on-site office use, temporary occupancy, or support facilities during development. This infrastructure can help reduce upfront costs and streamline your setup phase.
The flat terrain not only simplifies construction but also enhances usability for parking, equipment access, or expansion. Combined with excellent frontage and visibility, the site allows your business to establish a strong presence and create a welcoming, accessible experience for customers and clients.
Surrounded by a mix of established businesses and growing residential areas, this location benefits from steady traffic and increasing demand. It’s an ideal setting for entrepreneurs, investors, or established companies looking to expand into a high-potential area.
Whether you’re building from the ground up or leveraging the existing improvements, this property delivers a rare combination of usable land, strategic location, and development-ready features.
Opportunities like this—level, well-shaped parcels with existing utilities—are increasingly hard to find. Secure your foothold in a growing market and bring your vision to life on a site designed for success.
Property Type
Commercial Sale
Year Built
1998
Lot Size
0.84 acres
Garage
4 spaces
Listed by Central Metro Realty
Verified property facts
5408 Phillips Cir is a Commercial Sale built in 1998 featuring 0 bedrooms, 0.84-acre lot.
5408 Phillips Cir is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 5408 Phillips Cir is $2,755. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5408 Phillips Cir is around $3,602 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Parking
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.3% | — | $163,977 | — | — |
2024+53.4% | — | $238,827 | $141,557 | $21,654 |
2023+0.0% | — | $155,721 | $141,557 | $97,270 |
2022+0.3% | — | $155,721 | $141,557 | $14,164 |
2021 | — | $155,291 | $141,557 | $14,164 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($130K)
$650,000
Luxury property intelligence
A sourced read on La Hacienda Estates Sec 02 pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. La Hacienda Estates Sec 02 median
Not available
Days on market
48 days
Original to current
No verified reduction
$650K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $650,000, 5408 Phillips Cir is in the La Hacienda Estates Sec 02 market where there are currently 192 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$650,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.3% | — | $163,977 | — | — |
2024+53.4% | — | $238,827 | $141,557 | $21,654 |
2023+0.0% | — | $155,721 | $141,557 | $97,270 |
2022+0.3% | — | $155,721 | $141,557 | $14,164 |
2021 | — | $155,291 | $141,557 | $14,164 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in La Hacienda Estates Sec 02
Active listings near 5408 Phillips Cir
Recent sales for market context