• Photo - Prospect

Prospect

122 Sheraton Ave, Austin, TX 78745

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$995 - $2,515 Studio - 2 1 - 2
View Fees and Policies

Rent Specials

Now offering up to 6 weeks FREE base rent! Rates starting at $995. *Restrictions may apply. Contact a leasing professional for details.

Pricing and Floor Plans

E1.1-80

$995 - $1,095
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
1233
$1,095
418
Now
1127
$1,095
418
Now
2134
$995
418
Now

E1.2-60

$995
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
2137
$995
418
Now
2237
$995
418
Now
2537
$995
418
Now

E1.1-120

$1,045 - $1,195
Studio, 1 Bath
436 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
1308
$1,045
436
Now
1102
$1,195
436
2/19/26

E1.6-80

$995
Studio, 1 Bath
491 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
2105
$995
491
Now

E1.4-80

$995
Studio, 1 Bath
454 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
2425
$995
454
Now

E1.7-80

$1,295
Studio, 1 Bath
509 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
1222
$1,295
509
Now

E1.5-80

$1,330
Studio, 1 Bath
480 Sq. Ft.

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Mar. 14
Unit
Price
Sq. Ft.
Available
1209
$1,330
480
3/14/26

A1.1-80

$1,175 - $1,555
1 Bed, 1 Bath
558 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
1337
$1,555
558
Now
1006
$1,175
558
12/30/28

A2.5-120

$1,325 - $1,495
1 Bed, 1 Bath
651 Sq. Ft.

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Jan. 17
Unit
Price
Sq. Ft.
Available
2304
$1,325
651
1/17/26
2308
$1,495
651
2/10/26

A1.3-80

$1,445
1 Bed, 1 Bath
592 Sq. Ft.

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Mar. 4
Unit
Price
Sq. Ft.
Available
1107
$1,445
592
3/4/26
1125
$1,445
592
3/11/26

A2.HC2-90

$1,275
1 Bed, 1 Bath
651 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
2229
$1,275
651
Now

A2.3-120

$1,495
1 Bed, 1 Bath
697 Sq. Ft.

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Feb. 24
Unit
Price
Sq. Ft.
Available
1124
$1,495
697
2/24/26

A1.6-60

$1,260
1 Bed, 1 Bath
653 Sq. Ft.

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Mar. 7
Unit
Price
Sq. Ft.
Available
2318
$1,260
653
3/7/26

A2.1-120

$1,595
1 Bed, 1 Bath
651 Sq. Ft.

Show Floor Plan Details

Mar. 17
Unit
Price
Sq. Ft.
Available
2533
$1,595
651
3/17/26

B2.1-120

$1,795 - $1,895
2 Beds, 2 Baths
978 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
1201
$1,895
978
Now
2213
$1,795
978
1/20/26
2513
$1,795
978
2/24/26

B1.1-120

$1,995
2 Beds, 2 Baths
919 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Price
Sq. Ft.
Available
1210
$1,995
919
Now
1310
$1,995
919
1/30/26

B2.1-90

$1,605
2 Beds, 2 Baths
978 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
2536
$1,605
978
Now
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Property Information

  • Built in 2023
  • 255 units / 4 stories

Fees and Policies

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.View More

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Utilities & Essentials

  • Utility - Gas
    Varies
  • Utility - Gas Administrative Fee
    $3 / mo
  • Utility - Electric - Third Party
    Varies
  • Utility - Stormwater/Drainage Admin Fee
    $3 / mo
  • Utility - Water/Sewer
    Varies

One-Time Basics

Due at Application

  • Application Fee
    $200 one-time

Due at Move-In

  • Security Deposit (Refundable)
    $250 - $500 one-time

Property Fee Disclaimer Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable, usage-based, and required charges due at or prior to move-in or at move-out. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Additional fees may apply as detailed in the application and/or lease agreement, which can be requested prior to applying. Pet breed and other pet restrictions apply. Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement. See Leasing Agent for details.

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Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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  • Public Transit
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Property Highlights

  • Dog Run & Pet Spa
  • Spruce Concierge Services
  • Coworking Space
  • Fitness Center with Separate Yoga Studio

Apartment Features

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Ceiling Fans
  • Deck
  • Dishwasher
  • Disposal
  • Double Vanities
  • Freezer
  • Furnished

Community Features

  • 24 Hour Access
  • Bicycle Storage
  • Business Center
  • Clubhouse
  • Concierge
  • Controlled Access
  • Courtyard
  • Dog Park
  • Elevator
  • Fitness Center

Map of Prospect

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Neighborhood Scores

Walk Score ®

Somewhat Walkable67 / 100

Transit Score ®

Some Transit49 / 100

Bike Score ®

Bikeable57 / 100

Soundscore

Active73 / 100

Transit

Commuter Rail
11 min Drive
Amtrak
Airport
Austin-Bergstrom International
20 min Drive
Austin-Bergstrom International

Moving to East Congress, Austin, TX

Shopping Centers

Shoppers will appreciate Prospect proximity to Sheraton Village, The X-Change Center, and St Elmo Center. Sheraton Village is 0.2 miles away, and The X-Change Center is within a 9 minute walk.

Commuting

With a TransitScore of 49, Prospect has some transit, including 8 transit stops within 40.8 miles. Transit options include Downtown Station and Plaza Saltillo Station.

Parks and Recreation

Recreational activities near Prospect are plentiful. Discover 5 parks within 4.9 miles, including Blunn Creek Nature Preserve, Goat Cave Nature Preserve, and Barton Creek Greenbelt (360 Access).

Airports

Living in East Congress provides easy access to Austin-Bergstrom International, located just 20 minutes from Prospect.

Local Education

Primary and Secondary Schools

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Capitol City Baptist Church

Grades K-6

Private

3 rating

Galindo Elementary School

Grades PK-5

Public

1 rating

Bedichek Middle

Grades 6-8

Public

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City School

Grades PK-8

Private

1 rating

Travis High School

Grades 9-12

Public

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The Oaks School

Grades 6-12

Private

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

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Colleges and Universities

School

Commute Time (Distance)

St. Edward's University

Drive: 3 min (1.7 mi)

Austin C.C., South Austin

Drive: 5 min (2.4 mi)

Austin C.C., Riverside Campus

Drive: 11 min (5.7 mi)

Austin C.C., Rio Grande Campus

Drive: 11 min (6.8 mi)

About Prospect

Welcome Home to Prospect! Prospect’s studio, one-bedroom, and two-bedroom homes are as comfortable as they are stylish, with modern lines softened by warm colors, natural materials, and plenty of light. Entertain friends and family in wide-open... living areas and state-of-the-art amenities, unleash your inner chef in a well-equipped kitchen, or recharge in your tranquil, spa-inspired spaces. Prospect’s community spaces are an extension of your home, putting you steps away from opportunities to work, entertain, relax, or exercise. Catch up on email from a co-working-style office space. Get some fresh air on the roof deck or in one of three well-furnished outdoor spaces. Take a dip in the resort-style pool or get healthy in a fully equipped fitness center with dedicated yoga studio. And do it all while staying connected, thanks to property-wide wireless service covering all indoor and outdoor areas. Our community is part of the Affordable Rental Program which is an income-based program designed to reduce the barrier to affordable quality housing for the working force community in Austin. To qualify for our apartment homes, all applicants need to meet the standard qualifications and gross annual income does not exceed the income limits of the AMFI rent limits per the respective number of person(s) living in the home. Please see the qualifications tab below for more information.

Prospect is an apartment community

Greystar

Contact

Property Address:
122 Sheraton Ave,
Austin, TX 78745
Phone Number: (737) 373-2435
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday10:00 AM - 6:00 PM
  • Tuesday10:00 AM - 6:00 PM
  • Wednesday10:00 AM - 6:00 PM
  • Thursday10:00 AM - 6:00 PM
  • Friday10:00 AM - 6:00 PM
  • Saturday10:00 AM - 5:00 PM

Renter Reviews

For Prospect

4.1

15 Ratings & Reviews

How Is This Rating Determined?

12/24/25

Verified Renter

Nice, courtesy, excellent service. Since I began my search for my new place to live, when I found Prospect, I decided this is the place. Since I've been living here, all keep going great, maintenance, and administrative, Thanks.

Review from Apartments.com

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4/23/25

Verified Renter

Very few issues, all minor and taken care of promptly, except the vent problem which was fixed as soon as possible. We would not change our decision to rent from Prospect.

Review from Apartments.com

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Property Manager at Prospect responded to this review

Thanks so much for the awesome review! We're really glad to hear you're loving your home at Prospect. It means a lot to us to know you're happy here.

If you ever need anything or have suggestions, we're always here to help. So glad to have you as...
part of the community!

Cheers,
The Prospect Team

12/30/24

Verified Renter

Prospect has been a great place to live, the people are friendly as well as the staff. I haven’t had an issue with them at all.

Review from Apartments.com

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Property Manager at Prospect responded to this review

Hi there! Thanks so much for letting us know about your experience with Prospect and for taking the time to leave us a review.

We hope you have a wonderful day !

9/3/24

Verified Renter

Great amenities but I don’t feel safe. When my friends ask if they should move here, I tell them the amenities are great and rent is affordable, but my car has been broken into so many times, its cost me more to replace items than it would have to just pay higher rent elsewhere. They’ve all decided to live elsewhere.

Review from Apartments.com

1 Person Found This Helpful

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Property Manager at Prospect responded to this review

Hello,

Thank you for sharing your feedback. We sincerely apologize for the experience you had during your stay with us. Our goal is always to provide a comfortable and enjoyable living environment, and we are truly sorry that we fell short in your...
case.

We take your concerns seriously, and would love to learn more about the specifics of your experience so we can address the issues and improve moving forward. If you're open to it, please feel free to reach out to prospectmgr@greystar.com so we can discuss this further.

Again, we apologize for any inconvenience you experienced, and we appreciate you giving us the opportunity to make things right.

8/20/24

Verified Renter

Love the staff and the community as a whole is amazing great location and amenities are great.

Review from Apartments.com

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Property Manager at Prospect responded to this review

Hello, we're happy to hear you had such a positive experience with our team and have enjoyed calling Prospect home thus far. Thank you for taking the time to leave us a review.



The Prospect Team :)

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