I just ate El Arroyo on 5th Street on a Thursday. There was no wait like I expected there would be. It seemed busy but the $.99 ritas made it worth it. Our server (Jessica I think...) was friendly, the drinks were pretty strong even though they were only a dollar and the atmosphere was casual and fun. If I could sum up Austin in one restaurant, this would be it. We sat outside on their patio (which is covered thank god!), and I couldn't say at any point I was too hot. The food was fast, and the food was cheap (I had the Cozumel Special for like $7!). I was a firt timer, but I'm DEFINITELY coming back every Thursday.
Pros: Very fast, affordable and fun
Cons: Loud music
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