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Prospect 1 of 8

Prospect

$995 – $2,045/mo

122 Sheraton Ave, Austin, TX, 78745

What floor plans are available at Prospect?

Prospect currently lists 13 floor plans across 20 available units, from studio to two-bedroom, starting at $995/mo. 5 studios from $995 to $1,295/mo (418–436 sq ft), earliest move-in Sep 18. 10 one-bedrooms from $1,375 to $1,545/mo (558–697 sq ft), earliest move-in Jun 9. 5 two-bedrooms from $1,900 to $2,045/mo (919–1,039 sq ft), earliest move-in Jun 9. Prices checked October 12, 2026.

E1.2-60

Starting at $995

Studio • 1 Bath • 418 Sq Ft

3 available unitsPriceSq ftAvailableOpen unit
2537$1,045418Oct 19
2337$995418Nov 28
2437$1,045418Dec 8

E1.1-120

Starting at $1,205

Studio • 1 Bath • 436 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
1108$1,205436Oct 20

A1.1-90

Starting at $1,295

Studio • 1 Bath • 418 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2405$1,295418Sep 18

A1.2-80

Starting at $1,375

1 Bedroom • 1 Bath • 558 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2420$1,375558Dec 1

A2.HC2-90

Starting at $1,410

1 Bedroom • 1 Bath • 651 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2229$1,410651Oct 2

A1.1-80

Starting at $1,415

1 Bedroom • 1 Bath • 558 Sq Ft

5 available unitsPriceSq ftAvailableOpen unit
1106$1,415558Sep 29
2122$1,475558Oct 3
2138$1,450558Oct 9
1137$1,485558Oct 31
1206$1,415558Nov 14

A1.2-60

Starting at $1,420

1 Bedroom • 1 Bath • 558 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2220$1,420558Oct 16

A2.1-90

Starting at $1,450

1 Bedroom • 1 Bath • 651 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2103$1,450651Jun 9

A2.3-120

Starting at $1,545

1 Bedroom • 1 Bath • 697 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
1126$1,545697Jan 2

B1.3-80

Starting at $1,900

2 Bedrooms • 2 Baths • 992 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
1232$1,900992Nov 20

B2.1-120

Starting at $1,920

2 Bedrooms • 2 Baths • 978 Sq Ft

2 available unitsPriceSq ftAvailableOpen unit
2413$1,957978Aug 19
1323$1,920978Oct 22

B2.HC-120

Starting at $1,982

2 Bedrooms • 2 Baths • 1,039 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2136$1,9821,039Jun 9

B1.2-120

Starting at $2,045

2 Bedrooms • 2 Baths • 919 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2427$2,045919Nov 4

See all 108 units listed at Prospect, including ones no longer available.


What are the fees and lease terms at Prospect?

Rent at Prospect is $995 – $2,045 per month. The security deposit is $250. Monthly fees include Community Amenity Fee, Intra-Community Transfer Fee, and Parking. Due at signing: Application Fee ($200), Pet Management - Third Party ($25/yr), and Security Deposit (Refundable) ($250). The earliest listed move-in is Jan 2. Prices checked October 12, 2026.

  • Rent

    $995 – $2,045/mo
  • Security deposit

    $250
  • Earliest move-in

    Jan 2

Monthly fees

Community Amenity Fee

$15/mo

Intra-Community Transfer Fee

$500/mo

Parking

$25/mo

Pest Control Services

$5/mo

Pet Fee

$400/mo

Pet Rent

$20/mo

Positive Credit Reporting Services

$4.95/mo

Storage Space Rental

$30/mo

Trash Administrative Fee

$3/mo

Trash Services - Doorstep

$30/mo

Utility - Gas Administrative Fee

$3/mo

Utility - Stormwater/Drainage Admin Fee

$1.62/mo

Due at signing

Application Fee

$200

Pet Management - Third Party

$25/yr

Security Deposit (Refundable)

$250

Utility - Vacant Processing Fee

$50

What amenities does Prospect have?

Prospect lists 14 amenities, including a gym, a pool, and pet-friendly spaces.

  • Air Conditioning

  • Coworking Area With Conference Room & Privacy Booths

  • Fitness Center

  • Lushly Landscaped Resort-Style Pool Courtyard

  • Patio/Balcony

  • Pet Friendly

  • Sky Terrace With Seating, Wet Bar, And Television

  • Smoke Free

  • Swimming Pool

  • Washer/Dryer

  • Fitness Center With Separate Yoga Studio

  • Gourmet Kitchens

  • Smart-Home System

  • Stainless Steel Energy Star Appliances


What do the amenities at Prospect look like?

  • Pool

Where is Prospect?

Prospect is at 122 Sheraton Ave, Austin, TX, 78745.

122 Sheraton Ave, Austin, TX, 78745


Residents give Prospect a B+ grade (about 4.4 out of 5) from 100+ reviews. Prospect Apartments offers modern amenities, convenient location, and responsive leasing staff that consistently receive praise. However, residents report persistent security concerns including car break-ins, package theft, and unauthorized access, alongside maintenance issues such as hallway cleanliness, pest problems, and broken amenities.

4.40 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management4.4
Amenities and Shared Spaces4.0
Location4.3
Building Quality3.7
Maintenance3.6

Prospect Apartments offers modern amenities, convenient location, and responsive leasing staff that consistently receive praise. However, residents report persistent security concerns including car break-ins, package theft, and unauthorized access, alongside maintenance issues such as hallway cleanliness, pest problems, and broken amenities. Staff professionalism and move-in experience are strong points, but property upkeep and safety management require attention.

Management receives consistently strong praise for professionalism, responsiveness, and customer service during leasing and move-in processes, with staff frequently noted as friendly and helpful. However, significant concerns emerge regarding maintenance responsiveness, security protocols, facility cleanliness (particularly hallways and common areas), and billing accuracy. Several residents report unresolved issues with pest control, broken amenities, and inconsistent follow-through on commitments, while others describe excellent ongoing support and quick issue resolution.

Prospect offers modern amenities including a gym, pool, lounges, and work spaces that residents generally appreciate. However, the property faces persistent maintenance and cleanliness challenges in common areas—particularly hallway carpets, pool furniture, and outdoor spaces—along with recurring concerns about package theft, broken garage gates, and security access issues. Staff responsiveness varies, with maintenance typically addressed promptly but some amenity repairs delayed. Parking availability is limited, and the surrounding area presents external safety considerations.

The property offers excellent proximity to South Congress, downtown, and nearby amenities like parks, restaurants, and bars, with convenient access to major highways. Residents consistently praise the modern building, responsive staff, and well-maintained amenities including gym and pool. However, security concerns—including vehicle break-ins, package theft, and unauthorized access—are frequently cited, along with occasional issues with parking enforcement and visitor parking availability. The surrounding neighborhood presents mixed experiences, with some residents comfortable in the area while others report concerns about street-level activity.

Prospect features modern finishes and well-maintained amenities, but building cleanliness and security concerns are recurring issues. Hallway carpets show stains and debris, stairwells accumulate trash and pest evidence, and garage gate malfunctions contribute to vehicle break-ins. Maintenance response times vary; in-house staff are generally responsive, but third-party contractors (pest control, garage services, elevator maintenance) experience delays.

Maintenance response times are generally quick for in-house work orders, with staff noted as knowledgeable and professional. However, some residents report extended delays on specific issues, including pest control follow-up, garage gate repairs, and hallway maintenance. Third-party contractors (pest control, parking systems) show inconsistent performance, while in-house maintenance personnel receive consistent positive feedback.


Is Prospect walkable?

Prospect is walkable, transit is minimal, and biking is not bikeable.

WALK

Walkable

TRANSIT

Minimal Transit

BIKE

Not Bikeable


How big is Prospect?

Prospect is a 255-unit mid-rise.

  • Building

    Apartment · Mid-Rise
  • Total units

    255

What schools are near Prospect?

Kinder Care Learning Center is 0.7 miles from Prospect. 10 schools are listed nearby.

SchoolTypeLevelDistance

Kinder Care Learning Center

Private · Preschool
PrivatePreschool0.7 mi

Emerald Wood Kindercare

Private · Preschool
PrivatePreschool0.7 mi

Yours Mine & Our Kids Day Care

Private · Preschool
PrivatePreschool0.8 mi

Lil Darling's South Day Care

Private · Preschool
PrivatePreschool0.8 mi

Capitol City Baptist Church

Private · Elementary
PrivateElementary1.1 mi

Little Red Schoolhouse

Private · Preschool
PrivatePreschool1.2 mi

House Of Little Angels

Private · Preschool
PrivatePreschool1.3 mi

South Congress KinderCare

Private · Preschool
PrivatePreschool1.4 mi

Austin Oaks

Charter · High
CharterHigh1.5 mi

Mias Day Care

Private · Preschool
PrivatePreschool1.6 mi

How do I contact Prospect?

Prospect is managed by Greystar. Call 512-640-4188 to tour or ask about availability.