

Camden Property Trust Real Estate and Accumulated Depreciation As of December 31, 2016 (in thousands)																			Schedule III
	Initial Cost						Total Cost
	Land		Building/ Construction in Progress & Improvements		Cost Subsequent to Acquisition/ Construction		Land		Building/ Construction in Progress & Improvements		Total		Accumulated Depreciation		Total Cost, Net of Accumulated Depreciation		Encumbrances		Year of Completion/ Acquisition
Current communities:

ARIZONA
Phoenix/Scottsdale
Camden Chandler	$	5,511	$	62,435	$	11	$	5,511	$	62,446	$	67,957	$	4,247	$	63,710			2016
Camden Copper Square	4,825		23,672		7,033		4,825		30,705		35,530		16,530		19,000				2000
Camden Foothills	11,006		33,712		1		11,006		33,713		44,719		3,381		41,338				2014
Camden Hayden	9,248		35,255		18		9,248		35,273		44,521		2,948		41,573				2015
Camden Legacy	4,068		26,612		12,341		4,068		38,953		43,021		23,323		19,698				1998
Camden Montierra	13,687		31,727		5,020		13,687		36,747		50,434		6,095		44,339				2012
Camden Pecos Ranch	3,362		24,492		4,836		3,362		29,328		32,690		6,611		26,079				2012
Camden San Marcos	11,520		35,166		5,445		11,520		40,611		52,131		6,921		45,210				2012
Camden San Paloma	6,480		23,045		8,925		6,480		31,970		38,450		15,154		23,296				2002
Camden Sotelo	3,376		30,576		802		3,376		31,378		34,754		3,965		30,789				2013
CALIFORNIA
Los Angeles/Orange County
Camden Crown Valley	9,381		54,210		9,377		9,381		63,587		72,968		29,769		43,199				2001
Camden Glendale	21,492		93,554		20		21,492		93,574		115,066		6,270		108,796				2015
Camden Harbor View	16,079		127,459		15,608		16,079		143,067		159,146		55,185		103,961		$	92,562	2003
Camden Main and Jamboree	17,363		75,387		1,394		17,363		76,781		94,144		16,182		77,962		47,573		2008
Camden Martinique	28,401		51,861		18,959		28,401		70,820		99,221		39,941		59,280		30,691		1998
Camden Sea Palms	4,336		9,930		3,961		4,336		13,891		18,227		8,110		10,117				1998
The Camden	18,286		115,376		3		18,286		115,379		133,665		3,189		130,476				2016
San Diego/Inland Empire
Camden Landmark	17,339		71,315		1,798		17,339		73,113		90,452		11,721		78,731				2012
Camden Old Creek	20,360		71,777		2,506		20,360		74,283		94,643		23,303		71,340				2007
Camden Sierra at Otay Ranch	10,585		49,781		5,091		10,585		54,872		65,457		23,362		42,095				2003
Camden Tuscany	3,330		36,466		4,423		3,330		40,889		44,219		16,895		27,324				2003
Camden Vineyards	4,367		28,494		3,137		4,367		31,631		35,998		14,234		21,764				2002
COLORADO
Denver
Camden Belleview Station	8,091		44,003		1,579		8,091		45,582		53,673		6,840		46,833				2012
Camden Caley	2,047		17,445		6,064		2,047		23,509		25,556		11,661		13,895		15,326		2000
Camden Denver West	6,396		51,552		7,835		6,396		59,387		65,783		8,016		57,767				2012
Camden Flatirons	$	6,849	$	72,493	$	20	$	6,849	$	72,513	$	79,362	$	6,833	$	72,529			2015
Camden Highlands Ridge	2,612		34,726		12,041		2,612		46,767		49,379		23,600		25,779				1996
Camden Interlocken	5,293		31,612		10,057		5,293		41,669		46,962		21,790		25,172		$	27,386	1999
Camden Lakeway	3,915		34,129		14,000		3,915		48,129		52,044		25,949		26,095		29,219		1997
WASHINGTON DC METRO
Camden Ashburn Farm	4,835		22,604		2,573		4,835		25,177		30,012		9,042		20,970				2005
Camden College Park	16,409		91,503		7,398		16,409		98,901		115,310		19,027		96,283				2008
Camden Dulles Station	10,807		61,548		3,376		10,807		64,924		75,731		18,163		57,568				2008
Camden Fair Lakes	15,515		104,223		10,403		15,515		114,626		130,141		40,501		89,640				2005
Camden Fairfax Corner	8,484		72,953		8,130		8,484		81,083		89,567		26,850		62,717				2006
Camden Fallsgrove	9,408		43,647		4,788		9,408		48,435		57,843		17,834		40,009				2005
Camden Grand Parc	7,688		35,900		2,401		7,688		38,301		45,989		13,396		32,593				2005
Camden Lansdowne	15,502		102,267		8,473		15,502		110,740		126,242		39,777		86,465				2005
Camden Largo Town Center	8,411		44,163		3,549		8,411		47,712		56,123		16,852		39,271				2005
Camden Monument Place	9,030		54,089		1,464		9,030		55,553		64,583		17,281		47,302				2007
Camden NoMa	19,442		82,302		51		19,442		82,353		101,795		10,455		91,340				2014
Camden Potomac Yard	16,498		88,317		1,478		16,498		89,795		106,293		26,233		80,060				2008
Camden Roosevelt	11,470		45,785		1,267		11,470		47,052		58,522		16,956		41,566				2005
Camden Russett	13,460		61,837		5,203		13,460		67,040		80,500		24,330		56,170		45,003		2005
Camden Silo Creek	9,707		45,301		2,245		9,707		47,546		57,253		17,040		40,213				2005
FLORIDA
Southeast Florida
Camden Aventura	12,185		47,616		11,393		12,185		59,009		71,194		22,702		48,492				2005
Camden Boca Raton	2,201		50,062		62		2,201		50,124		52,325		4,723		47,602				2014
Camden Brickell	14,621		57,031		11,728		14,621		68,759		83,380		25,949		57,431				2005
Camden Doral	10,260		40,416		6,527		10,260		46,943		57,203		16,683		40,520				2005
Camden Doral Villas	6,476		25,543		6,659		6,476		32,202		38,678		11,988		26,690				2005
Camden Las Olas	12,395		79,518		9,380		12,395		88,898		101,293		32,491		68,802				2005
Camden Plantation	6,299		77,964		8,533		6,299		86,497		92,796		31,702		61,094				2005
Camden Portofino	9,867		38,702		5,706		9,867		44,408		54,275		16,319		37,956				2005
Orlando
Camden Hunter's Creek	4,156		20,925		5,145		4,156		26,070		30,226		9,747		20,479				2005
Camden Lago Vista	$	3,497	$	29,623	$	4,481	$	3,497	$	34,104	$	37,601	$	12,642	$	24,959			2005
Camden LaVina	12,907		42,617		209		12,907		42,826		55,733		9,653		46,080				2012
Camden Lee Vista	4,350		34,643		6,117		4,350		40,760		45,110		21,084		24,026				2000
Camden Orange Court	5,319		40,733		2,636		5,319		43,369		48,688		12,631		36,057				2008
Camden Town Square	13,127		45,997		175		13,127		46,172		59,299		8,758		50,541				2012
Camden World Gateway	5,785		51,821		7,464		5,785		59,285		65,070		20,801		44,269				2005
Tampa/St. Petersburg
Camden Bay	7,450		63,283		12,145		7,450		75,428		82,878		37,207		45,671				1998/2002
Camden Montague	3,576		16,534		184		3,576		16,718		20,294		3,821		16,473				2012
Camden Preserve	1,206		17,982		7,447		1,206		25,429		26,635		14,567		12,068				1997
Camden Royal Palms	2,147		38,339		2,758		2,147		41,097		43,244		12,789		30,455				2007
Camden Westchase Park	11,955		36,254		169		11,955		36,423		48,378		7,287		41,091				2012
GEORGIA
Atlanta
Camden Brookwood	7,174		31,984		7,438		7,174		39,422		46,596		15,322		31,274		$	22,590	2005
Camden Creekstone	5,017		19,912		2,067		5,017		21,979		26,996		3,532		23,464				2012
Camden Deerfield	4,895		21,922		6,955		4,895		28,877		33,772		11,072		22,700		19,191		2005
Camden Dunwoody	5,290		23,642		8,056		5,290		31,698		36,988		12,410		24,578		21,136		2005
Camden Fourth Ward	10,477		51,258		462		10,477		51,720		62,197		4,810		57,387				2014
Camden Midtown Atlanta	6,196		33,828		9,290		6,196		43,118		49,314		15,596		33,718		20,534		2005
Camden Paces	15,262		102,377		124		15,262		102,501		117,763		8,789		108,974				2015
Camden Peachtree City	6,536		29,063		6,459		6,536		35,522		42,058		13,187		28,871				2005
Camden Shiloh	4,181		18,798		5,130		4,181		23,928		28,109		9,352		18,757		10,483		2005
Camden St. Clair	7,526		27,486		7,278		7,526		34,764		42,290		13,860		28,430		21,614		2005
Camden Stockbridge	5,071		22,693		3,837		5,071		26,530		31,601		10,234		21,367		14,311		2005
Camden Vantage	11,787		68,822		2,226		11,787		71,048		82,835		9,245		73,590				2013
NORTH CAROLINA
Charlotte
Camden Ballantyne	$	4,503	$	30,250	$	7,866	$	4,503	$	38,116	$	42,619	$	15,357	$	27,262	$	25,986	2005
Camden Cotton Mills	4,246		19,147		5,918		4,246		25,065		29,311		10,341		18,970				2005
Camden Dilworth	516		16,633		2,195		516		18,828		19,344		6,611		12,733		13,053		2006
Camden Fairview	1,283		7,223		3,939		1,283		11,162		12,445		5,098		7,347				2005
Camden Foxcroft	1,408		7,919		4,099		1,408		12,018		13,426		5,483		7,943				2005
Camden Foxcroft II	1,152		6,499		2,489		1,152		8,988		10,140		3,723		6,417				2005
Camden Grandview	7,570		33,859		8,128		7,570		41,987		49,557		16,267		33,290				2005
Camden Sedgebrook	5,266		29,211		7,003		5,266		36,214		41,480		14,502		26,978		21,274		2005
Camden South End Square	6,625		29,175		8,732		6,625		37,907		44,532		13,976		30,556				2005
Camden Stonecrest	3,941		22,021		5,776		3,941		27,797		31,738		11,479		20,259				2005
Camden Touchstone	1,203		6,772		2,925		1,203		9,697		10,900		4,581		6,319				2005
Raleigh
Camden Crest	4,412		31,108		5,551		4,412		36,659		41,071		13,417		27,654				2005
Camden Governor's Village	3,669		20,508		3,566		3,669		24,074		27,743		9,404		18,339		12,984		2005
Camden Lake Pine	5,746		31,714		8,333		5,746		40,047		45,793		15,924		29,869		26,172		2005
Camden Manor Park	2,535		47,159		2,448		2,535		49,607		52,142		17,650		34,492		29,631		2006
Camden Overlook	4,591		25,563		8,409		4,591		33,972		38,563		13,724		24,839				2005
Camden Reunion Park	3,302		18,457		6,037		3,302		24,494		27,796		9,797		17,999		19,931		2005
Camden Westwood	4,567		25,519		5,037		4,567		30,556		35,123		11,839		23,284		19,878		2005
TEXAS
Austin
Camden Cedar Hills	2,684		20,931		696		2,684		21,627		24,311		6,893		17,418				2008
Camden Gaines Ranch	5,094		37,100		9,595		5,094		46,695		51,789		17,738		34,051				2005
Camden Huntingdon	2,289		17,393		9,781		2,289		27,174		29,463		16,392		13,071				1995
Camden La Frontera	3,250		32,376		7		3,250		32,383		35,633		3,377		32,256				2015
Camden Lamar Heights	3,988		42,773		34		3,988		42,807		46,795		4,359		42,436				2015
Camden Stoneleigh	3,498		31,285		7,578		3,498		38,863		42,361		14,188		28,173				2006
Corpus Christi
Camden Breakers	1,055		13,024		9,004		1,055		22,028		23,083		13,403		9,680				1996
Camden Copper Ridge	1,204		9,180		8,508		1,204		17,688		18,892		13,757		5,135				1993
Camden Miramar	—		38,784		21,083		—		59,867		59,867		25,274		34,593				1994-2014
Dallas/Fort Worth
Camden Addison	$	11,516	$	29,332	$	7,250	$	11,516	$	36,582	$	48,098	$	8,298	$	39,800			2012
Camden Belmont	12,521		61,522		2,227		12,521		63,749		76,270		10,514		65,756				2012
Camden Buckingham	2,704		21,251		9,438		2,704		30,689		33,393		17,237		16,156				1997
Camden Centreport	1,613		12,644		6,240		1,613		18,884		20,497		10,497		10,000				1997
Camden Cimarron	2,231		14,092		7,115		2,231		21,207		23,438		13,663		9,775				1997
Camden Farmers Market	17,341		74,193		18,121		17,341		92,314		109,655		41,654		68,001		$	50,643	2001/2005
Camden Henderson	3,842		15,256		335		3,842		15,591		19,433		2,969		16,464				2012
Camden Legacy Creek	2,052		12,896		6,212		2,052		19,108		21,160		11,448		9,712				1997
Camden Legacy Park	2,560		15,449		7,279		2,560		22,728		25,288		13,368		11,920		13,843		1997
Camden Valley Park	3,096		14,667		13,924		3,096		28,591		31,687		26,535		5,152				1994
Camden Victory Park	13,445		71,113		2		13,445		71,115		84,560		2,432		82,128				2016
Houston
Camden City Centre	4,976		44,735		2,318		4,976		47,053		52,029		14,801		37,228		33,749		2007
Camden City Centre II	5,101		28,131		52		5,101		28,183		33,284		5,304		27,980				2013
Camden Greenway	16,916		43,933		18,563		16,916		62,496		79,412		33,584		45,828		52,320		1999
Camden Holly Springs	11,108		42,852		10,939		11,108		53,791		64,899		11,147		53,752				2012
Camden Midtown	4,583		18,026		9,292		4,583		27,318		31,901		15,458		16,443		28,020		1999
Camden Oak Crest	2,078		20,941		5,256		2,078		26,197		28,275		11,560		16,715		17,295		2003
Camden Park	4,922		16,453		4,906		4,922		21,359		26,281		4,359		21,922				2012
Camden Plaza	7,204		31,044		1,774		7,204		32,818		40,022		6,912		33,110		20,288		2007
Camden Post Oak	14,056		92,515		11,936		14,056		104,451		118,507		13,277		105,230				2013
Camden Royal Oaks	1,055		20,046		1,369		1,055		21,415		22,470		7,796		14,674				2006
Camden Royal Oaks II	587		12,743		16		587		12,759		13,346		2,760		10,586				2012
Camden Stonebridge	1,016		7,137		5,162		1,016		12,299		13,315		7,942		5,373				1993
Camden Sugar Grove	7,614		27,594		2,728		7,614		30,322		37,936		5,784		32,152				2012
Camden Travis Street	1,780		29,104		784		1,780		29,888		31,668		8,306		23,362		21,598		2010
Camden Vanderbilt	16,076		44,918		21,333		16,076		66,251		82,327		41,401		40,926		73,068		1994/1997
Camden Whispering Oaks	1,188		26,242		1,149		1,188		27,391		28,579		8,608		19,971				2008

Total current communities:	$	958,240	$	5,162,501	$	733,801	$	958,240	$	5,896,302	$	6,854,542	$	1,888,883	$	4,965,659	$	897,352

Communities under construction:
Name / location
Camden Gallery (1) Charlotte, NC			$	58,444					$	58,444	$	58,444	$	1,527	$	56,917			N/A
Camden Lincoln Station (1) Denver, CO			50,521						50,521		50,521		239		50,282				N/A
Camden NoMa II Washington, DC			99,254						99,254		99,254		—		99,254				N/A
Camden Shady Grove Rockville, MD			90,345						90,345		90,345		7		90,338				N/A
Camden McGowen Station Houston, TX			35,646						35,646		35,646		—		35,646				N/A
Camden Washingtonian Gaithersburg, MD			31,753						31,753		31,753		—		31,753				N/A
Camden North End I Phoenix, AZ			25,530						25,530		25,530		—		25,530				N/A

Total communities under construction:	$	—	$	391,493	$	—	$	—	$	391,493	$	391,493	$	1,773	$	389,720	$	—

Development pipeline communities:
Name/location
Camden Grandview II Charlotte, NC			$	6,073					$	6,073	$	6,073			$	6,073			N/A
Camden Buckhead Atlanta, GA			14,836						14,836		14,836				14,836				N/A
Camden RiNo Denver, CO			17,014						17,014		17,014				17,014				N/A
Camden Gallery II Charlotte, NC			998						998		998				998				N/A
Camden Arts District Los Angeles, CA			16,770						16,770		16,770				16,770				N/A
Camden Conte Houston, TX			22,422						22,422		22,422				22,422				N/A
Camden North End II Phoenix, AZ			11,457						11,457		11,457				11,457				N/A
Camden Atlantic Plantation, FL			14,224						14,224		14,224				14,224				N/A
Camden Paces III Atlanta, GA			11,127						11,127		11,127				11,127				N/A
Total development pipeline communities:	$	—	$	114,921	$	—	$	—	$	114,921	$	114,921	$	—	$	114,921	$	—

Land Holdings	$	—	$	11,058			$	—	$	11,058	$	11,058			$	11,058			N/A
Corporate	—		4,676				—		4,676		4,676				4,676				N/A

	$	—	$	15,734	$	—	$	—	$	15,734	$	15,734	$	—	$	15,734	$	—

TOTAL	$	958,240	$	5,684,649	$	733,801	$	958,240	$	6,418,450	$	7,376,690	$	1,890,656	$	5,486,034	$	897,352


(1)	Property is in lease-up at December 31, 2016. Balances presented here includes costs which are included in buildings and improvements and land on the consolidated balance sheet at December 31, 2016. These costs related to completed unit turns for these properties.