Austin has a reputation as being a haven for artists. Known as the "Live Music Capital of the World", Austin attracts musicians, artists and creative people from all walks of life.
One of the long-time Austin hangouts is the infamous "Hole in the Wall", located on the Drag by the University of Texas campus. The wall art here changes periodically, with some pieces being semi-permanent and others lasting weeks or maybe months. Here is an homage to Bob Dylan painted on the outside wall of "Hole in the Wall."
Austin is home to some amazing graffiti artists. Although still technically illegal, that doesn't stop some of Austins most hardcore underground artists from getting up. Some private business owners welcome artists to get up on their walls. Home Slice Pizza is currently famous for having a sick wall showcasing some of Austin's finest. Here is a taste of some of the art you can encounter with your pizza at Home Slice.
A drive around Austin will allow you to encounter some truly beautiful pieces by some amazing artists. 
Thanks to all these artists for keeping the streets of Austin pretty and bright. Keep it real.