Nancy's house is located in the quiet "Hyde Park" neighborhood, about 2-3 miles north of the UT main campus, close to the UT intramural sports facilities. Reaching the downtown area takes about 15-20 minutes by bus, and stops for lines 7 on Duval St, or 801/803 on Guadalupe are only 5-10 minutes walking distance. Nancy loves bicycles though, and let me borrow one of hers during my stay. There are several grocery stores in the neighborhood, but it takes about 20 minutes to reach them on foot.
The room is very comfortable, and so is the guest bathroom. Since I had to work at home sometimes, I found the additional "home office" area with a desk very useful. Actually, apart from the shared kitchen, it feels more like a small apartment within the house.
I would definitely recommend this accommodation for longer-term stays.