Remember that story about a year ago about the area on Manchaca Road south of Slaughter Lane being light-heartedly referred to as the new Rainey? Calling it Way South Austin or some other dumb name (Awesome, TX I think).
Another interesting bar opened a couple months ago, and it has a Frank's hot dog trailer out back.
http://www.indianrolleraustin.com/
Now, I'm not saying it's on the level of Rainey, and most patrons wouldn't want it to be, but it's becoming a happening little area for the southerners.