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Prospect Austin Tx 1 of 12

Prospect

$1,045 – $2,500/mo

122 Sheraton Ave, Austin, TX, 78745

What floor plans are available at Prospect?

Prospect currently lists 12 floor plans across 21 available units, from studio to two-bedroom, starting at $1,045/mo. 5 studios from $1,045 to $1,295/mo (418–436 sq ft), earliest move-in Jul 31. 14 one-bedrooms from $1,245 to $1,510/mo (558–697 sq ft), earliest move-in Jun 9. 2 two-bedrooms from $2,045 to $2,500/mo (919–1,334 sq ft), earliest move-in Oct 19. Prices checked September 24, 2026.

E1.2-60

Starting at $1,045

Studio • 1 Bath • 418 Sq Ft

2 available unitsPriceSq ftAvailableOpen unit
2537$1,045418Oct 19
2437$1,045418Dec 8

E1.1-80

Starting at $1,065

Studio • 1 Bath • 418 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2234$1,065418Jul 31

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

A1.2-60

Starting at $1,245

1 Bedroom • 1 Bath • 558 Sq Ft

3 available unitsPriceSq ftAvailableOpen unit
2320$1,245558Sep 24
2118$1,245558Oct 14
2220$1,420558Oct 16

A1.1-80

Starting at $1,375

1 Bedroom • 1 Bath • 558 Sq Ft

7 available unitsPriceSq ftAvailableOpen unit
2518$1,375558Sep 5
1239$1,425558Sep 14
1106$1,415558Sep 29
2122$1,475558Oct 3
2138$1,450558Oct 8
1137$1,485558Oct 31
1206$1,415558Nov 14

A2.HC2-90

Starting at $1,410

1 Bedroom • 1 Bath • 651 Sq Ft

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

A1.3-80

Starting at $1,425

1 Bedroom • 1 Bath • 592 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
1225$1,425592Aug 22

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 $1,510

1 Bedroom • 1 Bath • 697 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
1224$1,510697Sep 30

B1.2-120

Starting at $2,045

2 Bedrooms • 2 Baths • 919 Sq Ft

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

LW

Starting at $2,500

2 Bedrooms • 1 Bath • 1,334 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
2106$2,5001,334Oct 19

What are the fees and lease terms at Prospect?

Rent at Prospect is $1,045 – $2,500 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 Jun 9. Prices checked September 24, 2026.

  • Rent

    $1,045 – $2,500/mo
  • Security deposit

    $250
  • Earliest move-in

    Jun 9

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 10 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


What do the amenities at Prospect look like?

  • Pool
  • Gym
    4 photos
  • Game room
  • Work space
  • Pet wash
  • Lobby
    5 photos

Where is Prospect?

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

122 Sheraton Ave, Austin, TX, 78745


What is the neighborhood around Prospect like?

Prospect is in the East Congress neighborhood of Austin.


Residents give Prospect a B+ grade (about 4.4 out of 5) from 100+ reviews. Prospect Apartments offers modern amenities, convenient location, and consistently praised leasing and maintenance staff in a well-maintained building. However, residents report significant ongoing concerns including security issues (car break-ins, gate failures, unauthorized access), pest problems, hallway cleanliness, and package theft.

4.40 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management4.4
Amenities and Shared Spaces4.0
Location4.2
Building Quality3.7
Maintenance3.6

Prospect Apartments offers modern amenities, convenient location, and consistently praised leasing and maintenance staff in a well-maintained building. However, residents report significant ongoing concerns including security issues (car break-ins, gate failures, unauthorized access), pest problems, hallway cleanliness, and package theft. Management responsiveness varies, with some residents experiencing prompt resolution while others report communication delays and unresolved maintenance requests.

Management and office staff receive consistently high praise for professionalism, responsiveness, and customer service, with many residents highlighting smooth move-in processes and helpful billing support. However, a significant minority of residents report serious concerns about management responsiveness to maintenance issues, security problems, and billing disputes, particularly regarding move-out charges and deposit handling. Common operational challenges include slow response times to certain work orders, inconsistent policy enforcement, and communication gaps between staff members.

Prospect offers modern amenities including a well-maintained pool, gym, and lounges that residents appreciate, with responsive maintenance staff addressing most requests promptly. However, the property faces recurring challenges with hallway carpet cleanliness, package theft, parking garage gate malfunctions, and security concerns including unauthorized building access. Common-area upkeep issues include insufficient dog waste stations, broken grills, and inconsistent cleaning of shared spaces, though some residents report positive experiences with amenity maintenance and staff responsiveness.

Prospect's location on South Congress offers strong convenience for downtown access, nearby dining, and walkable amenities, with most residents praising proximity to bars, restaurants, and parks. However, the surrounding area presents documented security challenges including vehicle break-ins, package theft, and concerns about unhoused individuals accessing the property. Parking logistics receive mixed feedback—garage parking is generally clean and functional, but visitor parking is limited and towing issues have been reported. The property's modern design and responsive staff are consistent positives, though location safety concerns are a significant consideration for prospective residents.

Prospect features modern finishes and well-maintained apartment interiors with updated appliances and amenities, but building upkeep and cleanliness present ongoing concerns. Hallway carpets show stains and require frequent cleaning, stairwells accumulate debris and pet waste, and common areas experience delayed maintenance. Garage gate malfunctions, elevator responsiveness, and pest control effectiveness remain recurring issues, though in-house maintenance staff generally respond promptly to work orders.

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 pest control and exterior contractor services, including unresolved issues with garage gates, elevator repairs, and pest infestations. Early lease periods occasionally involved communication delays and unaddressed maintenance concerns, though responsiveness improved over time for some residents.


Is Prospect walkable?

Prospect is walkable (grade C), transit is minimal (grade F), and biking is not bikeable (grade F).

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

Lil Darling's South Day Care

Private · Preschool
PrivatePreschool0.8 mi

Yours Mine & Our Kids 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.