We had a very nice time at Bruce's house while we were attending SXSW. The house is brand new (as is the whole newly developed area) with a fully equipped large kitchen combined with a living and dining area and three nice and comfortable bedrooms upstairs. We were only three people but still the two bathrooms (plus an extra toilet downstairs) made getting ready in the morning easy and quick. Everything in the house is also new and very comfortable and almost frighteningly clean ;) We liked that the door opens with a keypad lock so there is no need to deal with physical keys.
The area is a bit out of downtown, there is a bus line that runs about every 30-40 minutes and also takes 30-50 minutes to downtown Austin where all of SXSW happens.
Bruce was very kind and extremely helpful and responded to all our questions very quickly (though we did not meet personally). He even arranged for an early morning taxi when we left which was very helpful -- sometimes taxi drivers couldn't find the address in their GPS since the area is so new, so it was good to know that a local could explain where it is.
Overall I would highly recommend this place - it is a very comfortable base if you're attending SXSW.