• Photo - Prospect

Prospect

122 Sheraton Ave, Austin, TX 78745

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,079 - $2,584 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

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

E1.2-60

$1,079
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2237
$1,079
418
Now
2137
$1,079
418
Now
2537
$1,079
418
Now

E1.1-80

$1,079 - $1,179
Studio, 1 Bath
418 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
1127
$1,179
418
Now
2134
$1,079
418
Now
1233
$1,179
418
Now

E1.1-120

$1,079 - $1,279
Studio, 1 Bath
436 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
1002
$1,079
436
Now
1102
$1,279
436
Now

E1.4-80

$1,079 - $1,379
Studio, 1 Bath
454 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2425
$1,079
454
Now
2325
$1,379
454
4/1/26

E1.1-60

$1,219
Studio, 1 Bath
418 Sq. Ft.

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Mar. 14
Unit
Total Price
Sq. Ft.
Available
2335
$1,219
418
3/14/26

E1.5-80

$1,414
Studio, 1 Bath
480 Sq. Ft.

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Mar. 14
Unit
Total Price
Sq. Ft.
Available
1209
$1,414
480
3/14/26

E1.7-80

$1,364
Studio, 1 Bath
509 Sq. Ft.

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Apr. 22
Unit
Total Price
Sq. Ft.
Available
1322
$1,364
509
4/22/26

A2.1-120

$1,679 - $1,779
1 Bed, 1 Bath
651 Sq. Ft.

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Mar. 17
Unit
Total Price
Sq. Ft.
Available
2533
$1,679
651
3/17/26
1116
$1,779
651
5/2/26

A1.1-80

$1,339
1 Bed, 1 Bath
558 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1337
$1,339
558
Now

A2.5-120

$1,764
1 Bed, 1 Bath
651 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
2310
$1,764
651
Now

A1.3-80

$1,529
1 Bed, 1 Bath
592 Sq. Ft.

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Mar. 4
Unit
Total Price
Sq. Ft.
Available
1107
$1,529
592
3/4/26

A1.4-90

$1,579
1 Bed, 1 Bath
598 Sq. Ft.

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Apr. 11
Unit
Total Price
Sq. Ft.
Available
1334
$1,579
598
4/11/26

A2.3-120

$1,724
1 Bed, 1 Bath
697 Sq. Ft.

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Apr. 21
Unit
Total Price
Sq. Ft.
Available
1136
$1,724
697
4/21/26

B2.1-120

$1,879 - $1,979
2 Beds, 2 Baths
978 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
2213
$1,879
978
Now
1231
$1,969
978
Now
1201
$1,979
978
Now

B2.1-90

$1,679
2 Beds, 2 Baths
978 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Total Price
Sq. Ft.
Available
2536
$1,679
978
Now

B1.1-120

$1,879
2 Beds, 2 Baths
919 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
1210
$1,879
919
Now

LW

$2,584
2 Beds, 1 Bath
1,334 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
2108
$2,584
1,334
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: 50 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: 47 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
    Disclaimer: 9 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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  • Drive Time
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  • Walk Time
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Property Highlights

  • Spruce Concierge Services
  • Dog Run & Pet Spa
  • 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

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

17 Ratings & Reviews

How Is This Rating Determined?

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!

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

Was this helpful?

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 !

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