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Verified property facts
5408 Phillips is listed for $650,000 and includes 2 bedrooms, 3 full baths, 1,920 square feet, 0.84 acres.
5408 Phillips is in the La Hacienda Estates Sec 02 area of Austin, Texas.
5408 Phillips is associated with Lake Travis ISD. School assignments should always be verified directly with the district before relying on them.
5408 Phillips is a Residential built in 1998 with 2 bedrooms, 3 full baths, 1,920 square feet, 0.84 acres.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Listed with current price, original ask, and market time.
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
Residential
Year Built
1998
Lot Size
0.84 acres
$/Sq Ft
$339
Garage
4 spaces
Listed by Central Metro Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.8% | — | $23,837 | — | — |
2024-15.8% | — | $24,269 | — | $29,338 |
2023+45.7% | — | $28,819 | — | $24,269 |
2022 | — | $19,775 | — | $28,819 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($130K)
$650,000
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List price
$650,000
Price per sqft
$339/sqft
Vs. La Hacienda Estates Sec 02 median
Not available
Days on market
1 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 May 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
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 |
|---|---|---|---|---|
2025-1.8% | — | $23,837 | — | — |
2024-15.8% | — | $24,269 | — | $29,338 |
2023+45.7% | — | $28,819 | — | $24,269 |
2022 | — | $19,775 | — | $28,819 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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