Forget Austin - you can't get anywhere in 15 - 30 minutes, unless you're working the graveyard shift. Plus, they're trying to put tolls on all the major roads here, INCLUDING IH 35, according to today's paper.
Look at Nacogdoches, TX if you want a great small town with a university (Stephen F. Austin), great medical facilities...it's kinda like Austin was fifty years ago.
Good luck with it.