Great based to explore Austin (on foot even). I stayed here 3 nights while attending a conference in Austin. It was 98-102 for high temps but the AC and ceiling fans kept me super comfortable. The basics were there for the kitchen so I could make coffee and breakfast. The bed was comfortable and the noise level was great for a city location.
It was a 8-10 minute walk to the convention center/hotel where it was held. If you don't mind a little walking, you can easily explore downtown Austin including some great restaurants, the bats of Congress Street Bridge, the capital building and more. I wouldn't hesitate to stay here again.
The SuperShuttle driver did give me a heads up that there is a fairly large homeless encampment by the Highway 35 overpass that I would have to walk through on my way downtown. I didn't have any issues and never felt unsafe but just want you to be aware.