Last updated March 14 2025 at 9:30 AM
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Prospect
Property highlights
Prospect stands out with its modern and stylishly designed homes, complemented by an array of high-end amenities like a pet-friendly environment featuring a dog park and pet-friendly policies. The community thrives with extensive facilities, such as a resort-style pool, a gym with a yoga studio, and numerous outdoor spaces, enhancing the living experience. Its strategic location offers the added advantage of being within a short distance from numerous parks, schools, and dining options, making it ideal for those seeking both convenience and serenity. Residents can also benefit from seamless connectivity through property-wide wireless service, adding to the modern convenience of this vibrant community. With its emphasis on style, comfort, and modern amenities, Prospect is indeed a compelling choice for anyone looking to enjoy an active and engaged lifestyle in Austin.
28 units available
Studio • 1 Bed • 2 Beds
Location
122 Sheraton Avenue, Austin TX 78745, East Congress
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Stainless steel, Gym + more
Price range
$1,094 - $2,110 per month
Commute
Rent Special
Now offering up to 8 weeks FREE! Rates starting at $1,095! *Restrictions may apply. Contact a leasing professional for details.
Restrictions may apply
Price and Availability
Verified by Prospect 8 MIN ago. Prices may vary depending on lease length. We get our prices directly from Prospect.
Prices shown are base rent prices and may not include non-optional fees and utilities. See more details
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Unit 2434
Avail. now
$1,094
$1,149
Unit 2334
Avail. May 17
$1,295
Unit 1108
Avail. now
$1,174
$1,175
Unit 1302
Avail. now
$1,370
Unit 2405
Avail. now
$1,195
$1,395
Unit 2525
Avail. now
$1,375
Unit 2225
Avail. now
$1,375
Unit 1122
Avail. Apr 8
$1,435
Connect with Prospect
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Location
122 Sheraton Avenue, Austin, TX 78745 East Congress
Amenities
Patio / balcony
Hardwood floors
Dishwasher
Pet friendly
Stainless steel
Gym
Unit Amenities
furnished
patio / balcony
dishwasher
hardwood floors
fireplace
microwave
oven
range
refrigerator
stainless steel
Property Amenities
dogs allowed
pet friendly
concierge
dog park
gym
pool
hot tub
yoga
cats allowed
accessible
bike storage
coffee bar
conference room
courtyard
dog grooming area
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.
Verified reviews
Property Details (Fees & Lease)
Price shown is Base Rent. Residents are required to pay Application Fee ($200.00, Nonrefundable, One-Time, At Application, Per Leaseholder); Security Deposit (Refundable) ($250.00 - $500.00, Refundable, One-Time, At Move-in, Per Unit); Security Deposit Alternative (Range/Varies, Nonrefundable, One-Time, At Move-in, Per Unit); Community Amenity Fee ($15.00, Nonrefundable, Per Month, Monthly, Per Unit); Gas (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Parking ($25.00, Nonrefundable, Per Month, Monthly, Per Vehicle); Pest Control Services ($5.00, Nonrefundable, Per Month, Monthly, Per Unit); Renters Liability Insurance - Third Party (coverage based, Nonrefundable, Per Month, Monthly, Per Leaseholder, Usage-Based); Trash Administrative Fee ($3.00, Nonrefundable, Per Month, Monthly, Per Unit); Trash Services - Doorstep ($30.00, Nonrefundable, Per Month, Monthly, Per Unit); Trash Services - Hauling (Usage-Based (Utilities)%, Nonrefundable, Per Month, Monthly, Per Unit); Utility - Electric - Third Party (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Utility - Gas Administrative Fee ($3.00, Nonrefundable, Per Month, Monthly, Per Unit); Utility - Stormwater/Drainage Admin Fee ($3.00, Nonrefundable, Per Month, Monthly, Per Unit); Utility - Water/Wastewater Admin Fee (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Water/Sewer (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit). Please visit the property website for a full list of all optional and situational fees. Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
Must have 3x the rent in total household income (before taxes)
Pets allowed
Cats, dogs
rent
40.0
limit
2
fee
400-600
restrictions
Please call our Leasing Office for complete Pet Policy information.
Furnished apartments often have extra fees beyond the rent listed. Please contact for more information.
Explore the Area
Walmart Supercenter
0.9 mi
Randalls 2485
1.7 mi
H-E-B
1.8 mi
H-E-B
1.9 mi
Wheatsville Co-op
2.0 mi
Villa Mexico
0.1 mi
St. Elmo Public Market
0.3 mi
Kings Tacos
0.3 mi
Taqueria Chapala
0.4 mi
Wendy's
0.5 mi
South Congress Bay K
0.6 mi
South Congress Bay K
0.6 mi
South Congress Bay B
0.6 mi
South Congress Bay B
0.6 mi
South Congress Bay J
0.6 mi
Austin-Bergstrom International Airport
6.3 mi
Bud Dryden Airport
9.0 mi
Lester Field
12.4 mi
Jim Roach Field (historical)
13.9 mi
Rutherford Ranch Airport
15.2 mi
4 /10
St Elmo El
PublicPK-5
297 Students
0.6 mi
7 /10
KIPP Austin Obras
CharterK-4
590 Students
0.9 mi
2 /10
Galindo Elementary School
PublicPK-5
586 Students
1.1 mi
5 /10
Harmony School of Excellence - Austin
CharterK-12
582 Students
1.3 mi
4 /10
Dawson Elementary School
PublicPK-5
352 Students
1.4 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Battle Bend Neighborhood Park
0.1 mi
Williamson Creek Central Greenbelt
0.6 mi
Alpine Road Site
0.8 mi
Ponciana Neighborhood Park
1.2 mi
St. Edward's Soccer Field
1.4 mi
Sierra Ridge Community Center
0.3 mi
Vacancy Brewing
0.3 mi
Jääkarhu Crossfit
0.3 mi
Saint Elmo Brewing Company
0.4 mi
St. Elmo Brewing Company
0.4 mi
Tree Apartments Dog Park
0.9 mi
Manchaca Road Animal Hospital
1.9 mi
VCA Animal Hospital
2.0 mi
Tomlinson's Feed
2.0 mi
Rivers & Reefs Pet Center
2.2 mi
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Frequently Asked Questions
Frequently Asked Questions (FAQs)
Prospect has 28 units available starting at $1,094 per month. Check out the Price and Availability section for the most up-to-date unit information.
In Austin, TX, the average rent is $1,308 for a studio, $1,590 for a 1-bedroom, $2,033 for a 2-bedroom, and $2,662 for a 3-bedroom. For more information on rental trends in Austin, TX, check out our monthly Austin, TX Rent Report.
Some of Prospect's amenities include patio / balcony, hardwood floors, and dishwasher. To see the other amenities this property offers, check out the Amenities section.
Prospect is offering the following rent specials: Now offering up to 8 weeks FREE! Rates starting at $1,095! *Restrictions may apply. Contact a leasing professional for details.
Yes, Prospect is pet-friendly.
No, Prospect does not offer parking.
No, Prospect does not offer units with in unit laundry.
Yes, Prospect has a pool.
Yes, Prospect has accessible units.
Yes, Prospect has units with dishwashers.