We stayed at Ben's place last week end and I definitely recommand to go there if you are looking for a good bed close to the party life of Austin.
Ben is a kind and nice host. He prepared everything for our late arriving. A few days before our week end, he sent us a full listing of all you need to know about Austin, the tips, the good restaurant etc, it was really helpful - especially because we didn't have time to plan our week end in advance.
To go to the party we took Uber, this place is so close that it cost less than 10$/travel - safe and cheap ;)