Very pleasantly surprised with my recent stay. I come to Austin for business several times a year, and generally stay in this neighborhood. When my regular hotels were booked, I found this loft on AirBnB - and I'm so glad I did!
I have literally zero complaints. The space was massive (for one person used to hotel rooms, at least) and super comfortable. The wifi was fast, and the snacks were a nice touch. The bed was comfy, linens were clean, and plenty of dishes and towels for my stay. Loved the patio, too. The hosts were very communicative and responsive, and warned me about the street noise; YMMV, but I barely heard anything during a very busy Thursday night. There's a thoughtful container of earplugs available - which I thought was a nice touch.
I'll definitely stay here again, and would totally recommend this location without hesitation.
As someone else noted, the only sort of odd bit is that the bedrooms aren't separated by a door - just a short hallway - which might be uncomfortable depending on your travel companions. I was travelling alone, so wasn't a thing for me.