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Video captures the moment shots rang out around 3 AM in downtown Austin, on the famous Sixth Street.
At least one person is dead, a woman, and several injured and the shooter is still at large.
Police have warned people to stay away from the area as the gunman is still armed and considered dangerous. It appears there were several shootings within close proximity.
Sixth Street is described as a "historic street and entertainment district" associated with music and film festivals.