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Texas thus became an independent country with its own president, congress, and monetary system. Lamar visited the area during a buffalo-hunting expedition between 18, he proposed that the republic's capital, then in Houston, be relocated to the area situated on the north bank of the Colorado River near the present-day Congress Avenue Bridge. Lamar, second president of the newly formed Republic of Texas, advised the commissioners to investigate the area named Waterloo, noting the area's hills, waterways, and pleasant surroundings.In 1839, the Texas Congress formed a commission to seek a site for a new capital to be named for Stephen F. The original site was narrowed to 640 acres (260 ha) that fronted the Colorado River between two creeks, Shoal Creek and Waller Creek, which was later named in his honor.The men and women who traveled mainly from Houston to conduct government business were intensely disappointed as well.

On August 1, 1839, the first auction of 217 out of 306 lots total was held.

The grid plan Waller designed and surveyed now forms the basis of downtown Austin.

In 1839, the site was officially chosen to replace Houston as the new capital of the Republic of Texas and was incorporated under the name Waterloo.

Shortly thereafter, the name was changed to Austin in honor of Stephen F.

It is the 11th-most populous city in the United States and the 4th-most populous city in Texas.

state of Texas and the seat of Travis County, with portions extending into Hays and Williamson counties.

It is the fastest growing large city in the United States, within greater Texas Hill Country, the city is home to numerous lakes, rivers, and waterways including Lady Bird Lake, Barton Springs, Mc Kinney Falls, the Colorado River, Lake Travis, and Lake Walter E. It is the cultural and economic center of the metropolitan statistical area, which had an estimated population of 2,056,405 as of July 1, 2016.

In the 1830s, pioneers began to settle the area in central Austin along the Colorado River.

The documents stayed, but the capital would temporarily move from Austin to Houston to Washington-on-the-Brazos.

Without the governmental body, Austin's population declined to a low of only a few hundred people throughout the early 1840s.

The 14-block grid plan was bisected by a broad north-south thoroughfare, Congress Avenue, running up from the river to Capital Square, where the new Texas State Capitol was to be constructed.

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