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Prospect

122 Sheraton Ave, Austin, TX 78745

(17)

Monthly Rent

$1,079 - $2,599

Bedrooms

Studio - 2

Bathrooms

1 - 2

About this Rental

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 located in Austin, Texas in the 78745 zip code. This apartment community was built in 2023 and has 4 stories with 255 units.

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

E1.2-60

$1,079
Studio, 1 Bath
418 Sq. Ft.
3 Rentals Available
Unit
Price
Sq. Ft.
Available

E1.1-80

$1,079 - $1,329
Studio, 1 Bath
418 Sq. Ft.
3 Rentals Available
Unit
Price
Sq. Ft.
Available

E1.1-120

$1,129 - $1,279
Studio, 1 Bath
436 Sq. Ft.
Feb. 19
Unit
Price
Sq. Ft.
Available

E1.7-80

$1,379
Studio, 1 Bath
509 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available

E1.5-80

$1,414
Studio, 1 Bath
480 Sq. Ft.
Mar. 14
Unit
Price
Sq. Ft.
Available

A1.3-80

$1,529
1 Bed, 1 Bath
592 Sq. Ft.
Mar. 4
Unit
Price
Sq. Ft.
Available

A2.5-120

$1,579
1 Bed, 1 Bath
651 Sq. Ft.
Feb. 10
Unit
Price
Sq. Ft.
Available

A2.3-120

$1,579
1 Bed, 1 Bath
697 Sq. Ft.
Feb. 24
Unit
Price
Sq. Ft.
Available

A2.1-120

$1,679
1 Bed, 1 Bath
651 Sq. Ft.
Mar. 17
Unit
Price
Sq. Ft.
Available

A2.1-90

$1,629
1 Bed, 1 Bath
651 Sq. Ft.
Mar. 28
Unit
Price
Sq. Ft.
Available

A2.HC2-90

$1,729
1 Bed, 1 Bath
651 Sq. Ft.
Apr. 4
Unit
Price
Sq. Ft.
Available

A1.1-80

$1,259
1 Bed, 1 Bath
558 Sq. Ft.
Dec. 30
Unit
Price
Sq. Ft.
Available

B2.1-120

$1,879 - $2,119
2 Beds, 2 Baths
978 Sq. Ft.
3 Rentals Available
Unit
Price
Sq. Ft.
Available

B1.1-120

$2,079
2 Beds, 2 Baths
919 Sq. Ft.
2 Rentals Available
Unit
Price
Sq. Ft.
Available
* 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

The fees below are based on community-supplied data independent market research.

Monthly Utilities & Services

  • Community Fee
    $15/mo
  • Pest Control
    $5/mo
  • Utility - Electric
    $0/mo
  • Utility - Gas
    $0/mo
  • Utility - Water
    $3/mo

One-Time Move-In Fees

  • Application Fee
    $200
  • Security Deposit Refundable - Refundable
    $0

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.

Matterport 3D Tours

Property Highlights

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

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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Transit

Airport
Austin-Bergstrom International
21 min Drive
Austin-Bergstrom International

Area Scores

Walk Score ®

Somewhat Walkable67 / 100

Transit Score ®

Some Transit49 / 100

Bike Score ®

Bikeable61 / 100

Soundscore ™

Active73 / 100

Greystar

Contact

Property Address:
122 Sheraton Ave,
Austin, TX 78745
Phone Number: (737) 373-4526
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

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

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

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

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

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

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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Moving to 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 Austin provides easy access to Austin-Bergstrom International, located just 20 minutes from Prospect.

Prospect Gallery

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(737) 373-4526