Phenols have attracted global interest in the sphere of environmental management due to their potential toxicity on human health. This study determined concentrations of three priority phenolic compounds in effluent and water of a local textile industry in Abeokuta, Nigeria.  During tie-dye production, triplicates of effluent, well water, stream and control water were collected three times from five points to give a total of forty-five samples. Physicochemical parameters of samples including temperature, pH, electrical conductivity (EC), total suspended solids (TSS) and total dissolved solids (TDS) were determined according to standard methods while the concentrations of the priority phenolic compounds (4-nitrophenol, 4-chloro-3-methylphenol and 2, 4-dinitrophenol) were determined using High Performance Liquid Chromatography equipped with Ultra-Violet detector (HPLC/UV). Data obtained were subjected to descriptive (mean and standard deviation) and inferential (ANOVA) statistics. pH, EC and TSS of effluent and water samples were higher than the permissible limits of World Health Organization (WHO) and Federal Environmental Protection Agency (FEPA) while temperature of the effluent samples and TDS of the well water samples were within standard values. Higher concentrations of the priority phenolic compounds occurred in effluent than water samples but 4-nitrophenol was below detection limit (DL) in water samples. Concentrations of 4-nitrophenol, 4-chloro-3-methylphenol and 2,4-dinitrophenol in effluent exceeded stipulated standard of WHO (0.01 mg/L) and water samples. High concentrations of phenols in water bodies at the local textile industry suggest uncontrolled discharge of effluent from the industry which could eventually reach surface and ground water with potential significant health implications to the populace.