This place provides a space for a larger group to sleep comfortably. It also has some decent congregating areas (back porch, large couch in living room) which is good for a group. It is apparent that the bare minimum was put into the place before renting it out. Many of the finishes are incomplete or haphazardly done. So fine for a party house but does detract from the inherent character of the old house. Also, everything seemed safe but multiple roof beams are rotting and hanging precariously which could be an issue in the future.
The lack of basic accessories limits the utility of the property. For instance, although there is a 'full kitchen' there are no cutting boards, kitchen knives, cooking utensils (spatulas, tongs, etc.), basic spices, baking pans (for cooking in the oven) rendering the kitchen nearly useless. We were hoping the cook a nice dinner at home one night but abandoned those plans after discovering the state of the kitchen. Also, buy a bag of ice on your way in as there is not an ice-maker in the freezer. Also, if you want cream for coffee buy that. The single serving half and half containers were on the counter when we got there and had gone bad.
In general, the place was fairly clean, other than a few bugs inside. The bedding appeared clean and mattresses were comfortable. The A/C struggled to keep the upstairs cool during our April trip, so I can only imagine what that will be like in the Texas summer.
The location is good. There is not a standard grocery store close, so if you want to get groceries at a good price grab them on your way in. There is a liquor store, CVS, and gas station a short walk or scooter away which is great for stocking or re-filling on a lot of the items a large group might want. There is easy access to the interstate if you are wanting to do activities out of the city. Also, great location for accessing city trails and bike/scooter rentals to commute to most neighborhoods in Austin. Check the map for restricted areas ahead of time so your rides don't lock up during your commute though. Deep Eddy Cabaret is a fun dive bar down the hill. Decent food and drinks at Pool Burger and Tumble 22 which are a couple blocks down the hill as well. Also, public river access is available nearby if you bring floats or boats and want to relax on the water.