Glowing Object Hovering South of Austin - See Picture

• When: March 20th, 2014
• Where: Likely around the Del Valle/airport area (south of Austin)
• What: Glowing object hovering in mid air

A TUS reader sent in a great photo and testimony of a bright white glowing object hovering in the Del Valle sky:

About 10 pm while driving back to south Austin from grocery shopping at the Walmart in Buda, I spotted a glowing white object positioned in the east part of the sky. It was just hovering. There was a red light on top and bottom of this object.
I'm estimating this object was perhaps over the Del Valle / Airport area.

Drone? Tower? Aliens? Share your thoughts on what this could be in the comments, and if you saw this, too, please report it!