This is the PERFECT way to travel inexpensively. There are three air mattresses with clean sheets and pillows.
It has plenty of natural light, fresh air, and even a small (private) patio!
You're welcome to use the kitchen (free) and/or on-site coin washing machine/drier ($1.50).
It's a 10 minute walk to UT Austin, and 15 minute walk to downtown Austin (Texas Capitol), so there's plenty of great food, bars, and things to do and see close by.