Find Your Future!
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.
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.
Status: Special offer
Prospect
122 Sheraton Ave, Austin, TX 78745
Apartment building
Studio-2 beds
Pet-friendly
Available units
 Unit 2232 Studio, 1 ba | 418 | Jan 8 | $1,078 |
Unit 2332 Studio, 1 ba | 418 | Oct 31 | $1,128 |
Unit 2437 Studio, 1 ba | 418 | Dec 8 | $1,128 |
E12-80 Studio, 1 ba | 418 | Now | $1,288+ |
Unit 1108 Studio, 1 ba | 436 | Now | $1,288 |
Unit 2125 Studio, 1 ba | 454 | Now | $1,323 |
 Unit 2512 1 bd, 1 ba | 558 | Nov 9 | $1,328 |
Unit 2405 Studio, 1 ba | 418 | Now | $1,378 |
Unit 2420 1 bd, 1 ba | 558 | Dec 1 | $1,458 |
Unit 1328 1 bd, 1 ba | 610 | Dec 31 | $1,458 |
Unit 1307 1 bd, 1 ba | 592 | Dec 26 | $1,493 |
Unit 2138 1 bd, 1 ba | 558 | Now | $1,533 |
A12 1 bd, 1 ba | 558 | Now | $1,558+ |
Unit 2122 1 bd, 1 ba | 558 | Now | $1,558 |
Unit 1137 1 bd, 1 ba | 558 | Oct 31 | $1,568 |
What's special
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 10 am - 6 pm |
| Sat: | 10 am - 5 pm |
| Sun: | Closed |
Property map
Tap on any highlighted unit to view details on availability and pricing
Use ctrl + scroll to zoom the map
Facts, features & policies
Building Amenities
Community Rooms
- Fitness Center With Separate Yoga Studio
Policies
Pet essentials
Restrictions
Please call our Leasing Office for complete Pet Policy information.
Pet amenities
Dog Run & Pet Spa
Special Features
- Dog Run & Pet Spa
- Spruce Concierge Services
Neighborhood: East Congress
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Very WalkableTransit Score®
 / 100
Some TransitBike Score®
 / 100
BikeableNearby schools in Austin
Galindo Elementary School
Grades PK-5 • 1.1 miles4/10
GreatSchools® Rating
Test Score Rating
4/10Student Progress Rating
4/10Bedichek Middle School
Grades 6-8 • 1.8 miles3/10
GreatSchools® Rating
Test Score Rating
3/10Student Progress Rating
2/10Travis High School
Grades 9-12 • 1.9 miles1/10
GreatSchools® Rating
Test Score Rating
1/10College Readiness Rating
2/10Student Progress Rating
1/10Living in Austin
East Congress sits in southeast Austin, with a largely residential feel and convenient connections toward central Austin and South Congress. Hot summers and mild winters make shaded walks and outdoor time appealing through much of the year. Nearby McKinney Falls State Park offers trails, creekside scenery and outdoor recreation, while neighborhood streets provide space for walks with dogs. Local dining and coffee options range from casual eateries to cafés, with additional shopping and nightlife along the South Congress corridor. The area’s history is tied to Austin’s growth beyond its central core, and its mix of homes and small businesses gives the neighborhood a distinct local character. Residents can get around by car, bicycle and CapMetro bus, with access to major roads for trips across the city. East Congress neighborhood rents have a median of $2,100 per month and a typical range of $825 to $5,900.
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Frequently asked questions
Where is Prospect located, and what is the neighborhood like?
Prospect is located at 122 Sheraton Ave in East Congress, Austin, TX. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Third Coast Coffee Roasting Company, Spokesman, and St Elmo Brewing Company.
What is the average rent in Austin, TX?
Based on the latest Zillow data, the median rent across all unit types in the East Congress neighborhood of Austin is currently $2,100 per month. Prices vary by neighborhood, floor plan, and building amenities.
What schools are assigned to Prospect?
The schools assigned to Prospect include Galindo Elementary School, Bedichek Middle School, and Travis High School.
What are the grocery stores and everyday shopping options near Prospect?
Prospect is located near 7 grocery stores, including 7-Eleven (0.8 miles) and Walmart Grocery Pickup and Delivery (0.8 miles). Additional shopping options, including Ancient Mysteries, are approximately 0.5 miles away.
What is the minimum and maximum rent for Prospect?
The total price for an apartment unit in Prospect ranges from $1,078 to $2,003. The total price will vary by floor plan, unit size, and unit amenities.
