Kiwi, welcome to the forum, I lived in a trailer for 3 years down here in Texas, it was a 25 footer, I wouldnt go smaller than that. It was myself my girlfriend and my German Shepherd the last year I was staying there, and it got really small in a hurry. Granted the floor plan wasnt very good on the trailer I had, it was not an AS but still it is a mighty small space.
What you are talking about doing though is perfectly viable and a good choice. As well the Austin area is really nice, and if you have your trailer setup so as that it is road worthy and you can leave at a moments notice, you will find that there is a lot to do that you can take your trailer with you for.
For instance down in my neck of the woods over towards Corpus up in Rockport there are many RV parks there that are right on the gulf, you can literally get up in the morning, walk a couple hundred feet and go watch dolphins playing around in the water.
There are also many oportunites out on padre island, and there are many lakes around the area as well where you can stay for the weekend and have a blast.
Also I know that some of the water parks in the area have RV sites as well.
You can easily do 4 seasons here in a trailer, there are thousands doing it, just make sure you have a good AC other wise you will fry. It is well worth the cost for a brand new unit if you move down here just for the piece of mind and the things you wont have to mess with.
When it comes to buying your trailer, I would strongly recomend that you get togeather the 10 grand, and buy as much and as new of a trailer as you can get for the money in as good of condition as possible. Reason being you dont want to be living in an air stream while you are restoring it.
Also I would strongly recomend upgrading to a tankless water heater, there is nothing like running out of hot water in the middle of a shower to make you feel all warm and fuzzy!
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"When the people fear the government, there is Tyranny; when the government fears the people, there is Liberty." - Thomas Jefferson
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