Formula 1 option
We stayed here while attending the F1 by Austin. The hotel is clean, quiet and small enough to be charming. The staff was fantastic, the free breakfast very complete and they had a pleasant place to eat.
Access to freeway to the race was at the doorstep. The Riverwalk is a few blocks away, but if you are tired of walking, the Yellow Line bus stops outside the back door and for $1.10 you can get to the action in less than 5 minutes.
Rooms are spacious and quiet and beds are very comfortable.