6th Street is definantly where it's at. I wouldn't ride a real bull though..they can easily kill you if you don't know what you're doing. Check out Stubbs for good music, Plush and Kingdom for a good party, and of course ACL if they have anything going on. Austin is very party friendly, especially on weekends..I'm sure you can have a good time doing whatever.
Texas Headhunters Speedball
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