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Prospect

122 Sheraton Ave, Austin, TX 78745

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,129 - $2,599 Studio - 2 1 - 2

Rent Specials

Now offering up to 8 weeks FREE base rent! *Restrictions may apply. Minimum lease term applies. Other costs and fees excluded.

Pricing and Floor Plans

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

E1.1-80

$1,274 - $1,359
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
1127
$1,359
418
Now
1233
$1,274
418
Now
2134
$1,324
418
Now

E1.1-120

$1,274 - $1,289
Studio, 1 Bath
436 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
1002
$1,274
436
Now
1102
$1,289
436
Now
1202
$1,289
436
Now

E1.2-60

$1,129
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2237
$1,129
418
Now
2337
$1,129
418
Now
2137
$1,129
418
Now

E1.1-60

$1,129
Studio, 1 Bath
418 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2335
$1,129
418
Now
2435
$1,129
418
6/16/26

E1.7-80

$1,259
Studio, 1 Bath
509 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1322
$1,259
509
Now

E1.4-80

$1,274
Studio, 1 Bath
454 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
2425
$1,274
454
Now

E1.5-80

$1,309
Studio, 1 Bath
480 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1209
$1,309
480
Now

E1.6

$1,379
Studio, 1 Bath
491 Sq. Ft.

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Aug. 1
Unit
Total Price
Sq. Ft.
Available
2505
$1,379
491
8/1/26

A2.1-120

$1,549 - $1,649
1 Bed, 1 Bath
651 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2533
$1,549
651
Now
1116
$1,649
651
5/2/26

A2.1-90

$1,534 - $1,544
1 Bed, 1 Bath
651 Sq. Ft.

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Jun. 6
Unit
Total Price
Sq. Ft.
Available
2503
$1,534
651
6/6/26
1317
$1,544
651
6/30/26

A1.1-80

$1,484 - $1,509
1 Bed, 1 Bath
558 Sq. Ft.

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Jun. 12
Unit
Total Price
Sq. Ft.
Available
2514
$1,484
558
6/12/26
2422
$1,509
558
6/17/26

A1.4-90

$1,459
1 Bed, 1 Bath
598 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1334
$1,459
598
Now

A2.2-120

$1,569
1 Bed, 1 Bath
651 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
2508
$1,569
651
Now

A2.3-120

$1,594
1 Bed, 1 Bath
697 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1136
$1,594
697
Now

A1.3-80

$1,509
1 Bed, 1 Bath
592 Sq. Ft.

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Jul. 18
Unit
Total Price
Sq. Ft.
Available
1207
$1,509
592
7/18/26

B2.1-120

$1,969 - $2,019
2 Beds, 2 Baths
978 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2213
$1,969
978
Now
1231
$2,019
978
Now
2513
$1,969
978
Now

B1.2-60

$1,874
2 Beds, 2 Baths
919 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1220
$1,874
919
Now
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. 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

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

Utilities & Essentials

  • Utility - Gas
    Varies / mo
    Disclaimer: Utility apportionment is allocation: ratio occupancy formula.
  • Utility - Gas Administrative Fee
    $3 / mo
  • Utility - Electric - Third Party
    Varies / mo
  • Utility - Stormwater/Drainage Admin Fee
    $3 / mo
  • Utility - Water/Sewer
    Varies / mo
    Disclaimer: Utility apportionment is water use based on submetered cold water.

One-Time Basics

Due at Application

  • Application Fee
    $200

Due at Move-In

  • Security Deposit (Refundable)
    $250 - $500
    Max chargeable amount: $500
    Disclaimer: Price varies based on floor plan type/size.

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. Pets: Pet breed and other pet restrictions apply. Rentable Items: All 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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Property Highlights

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

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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Area Scores

Walkability

Moderately walkable60 / 100

Transit

Some public transit50 / 100

Driveability

Exceptionally drivable90 / 100

Bikeability

Fairly bikeable50 / 100

Scores provided by

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 50, Prospect has some public 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-5

Private

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City School

Grades PK-8

Private

4 rating

KIPP Austin Brave

Grades 9-12

Public

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The Oaks School

Grades 6-12

Private

Data provided by GreatSchools.org © 2026. 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 in Austin, TX

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

4.2

19 Ratings & Reviews

How Is This Rating Determined?

3/24/26

Verified Renter

One of the best places to live here in Austin. All the administrative and Maintenance services are so nice.

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! We love the feedback!

3/21/26

Verified Renter

Glad to be with Greystar - everything has always been well taken care of.

Review from Apartments.com

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1/21/26

Verified Renter

All the crew (administrative and maintenance) are great, courteous, always with a smile, and ready to help us and to feel like a "home".

It's the second time I've lived in a building managed by Greystar—the best.

Prospect one of the best places to live.

Review from Apartments.com

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Property Manager at Prospect responded to this review

Hello! We are happy to hear we have made a positive impact on your experience with our staff and Greystar management. We hope you enjoy living with us here!

1/18/26

Verified Renter

Prospect is a great and relaxing place to live. The staff is friendly, helpful and knowledgeable about the property.

Review from Apartments.com

Was this helpful?

Property Manager at Prospect responded to this review

Hello! Thank you for your kind words about our staff. We hope you enjoy living with us here!

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

Was this helpful?

Property Manager at Prospect responded to this review

Hi there, we are very happy to have provided you with such a positive experience and we hope to continue to make Prospect a great place to call home!

Prospect Gallery

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