I will share my philosophy, "Life is too short for cheap beer"!
I am sitting down with a Shiner Bock at the moment, my all around favorite daily drinker, won't put up details since olbriar already did.
Newcastle is another favorite, and very similar to Shiner Bock, a little lighter and sweeter tasting, and available in a "mini-draught" for $20.00!
Red Hook ESB is also on my list.
As for some of my local favorites:
Independence Brewing, Austin, TX
$9 a 4 pack
American Blonde Ale
Real Ale Brewing Co. Blanco, TX
$8-9 a 6 pack
I will post more as the fog clears from my beer deprived brain.