As others have stated, the school is just south of downtown, maybe 2-3 miles south of the bridge on Congress. That area is called SoCo (South Congress), and its one of the hip areas of town. It's pretty expensive real estate.
To be honest, I would HATE to commute from Buda/Kyle/etc avery day. I35 sucks goatballs if you are commuting daily. Traffic is terrible here. I would advise trying to find a place between work and the school in a good area.
IDGAF what anyone here says, I love living in Austin. Lotsa stuff to do, great music, amazing food, good parks, Hill Country is right on the edge of town...What's not to love?
Everyone bashes all the liberals, but I've hardly ran into any that are outspoken and in my face about anything. Most of the time I been here, I have lived in GOP districts.
Dunno what industry you work in, but if it's tech, hit me up.