

Camden Property Trust Real Estate and Accumulated Depreciation As of December 31, 2017 (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	$	62,418	$	103		$	5,511	$	62,521	$	68,032	$	6,734	$	61,298			2016
Camden Copper Square	4,825		23,672		7,446			4,825		31,118		35,943		17,841		18,102				2000
Camden Foothills	11,006		33,712		159			11,006		33,871		44,877		4,746		40,131				2014
Camden Hayden	9,248		35,255		75			9,248		35,330		44,578		4,374		40,204				2015
Camden Legacy	4,068		26,612		13,253			4,068		39,865		43,933		25,178		18,755				1998
Camden Montierra	13,687		31,727		5,292			13,687		37,019		50,706		7,733		42,973				2012
Camden Pecos Ranch	3,362		24,492		5,177			3,362		29,669		33,031		7,973		25,058				2012
Camden San Marcos	11,520		35,166		5,765			11,520		40,931		52,451		8,788		43,663				2012
Camden San Paloma	6,480		23,045		9,527			6,480		32,572		39,052		16,506		22,546				2002
Camden Sotelo	3,376		30,576		1,131			3,376		31,707		35,083		5,219		29,864				2013
CALIFORNIA
Los Angeles/Orange County
Camden Crown Valley	9,381		54,210		9,799			9,381		64,009		73,390		32,303		41,087				2001
Camden Glendale	21,492		94,876		173			21,492		95,049		116,541		10,004		106,537				2015
Camden Harbor View	16,079		127,459		20,030			16,079		147,489		163,568		60,756		102,812		$	92,631	2003
Camden Main and Jamboree	17,363		75,387		1,777			17,363		77,164		94,527		18,534		75,993		46,723		2008
Camden Martinique	28,401		51,861		20,895			28,401		72,756		101,157		43,025		58,132				1998
Camden Sea Palms	4,336		9,930		5,317			4,336		15,247		19,583		8,785		10,798				1998
The Camden	18,286		118,350		75			18,286		118,425		136,711		8,198		128,513				2016
San Diego/Inland Empire
Camden Landmark	17,339		71,315		2,389			17,339		73,704		91,043		14,558		76,485				2012
Camden Old Creek	20,360		71,777		5,252			20,360		77,029		97,389		25,821		71,568				2007
Camden Sierra at Otay Ranch	10,585		49,781		5,567			10,585		55,348		65,933		25,344		40,589				2003
Camden Tuscany	3,330		36,466		4,682			3,330		41,148		44,478		18,464		26,014				2003
Camden Vineyards	4,367		28,494		4,109			4,367		32,603		36,970		15,482		21,488				2002
COLORADO
Denver
Camden Belleview Station	8,091		44,003		2,813			8,091		46,816		54,907		8,695		46,212				2012
Camden Caley	2,047		17,445		6,456			2,047		23,901		25,948		12,789		13,159		15,337		2000
Camden Denver West	6,396		51,552		10,070			6,396		61,622		68,018		10,828		57,190				2012
Camden Flatirons	$	6,849	$	72,541	$	191		$	6,849	$	72,732	$	79,581	$	9,767	$	69,814			2015
Camden Highlands Ridge	2,612		34,726		15,068			2,612		49,794		52,406		25,825		26,581				1996
Camden Interlocken	5,293		31,612		12,546			5,293		44,158		49,451		23,633		25,818		$	27,406	1999
Camden Lakeway	3,915		34,129		17,084			3,915		51,213		55,128		28,412		26,716		29,240		1997
Camden Lincoln Station	4,648		52,066		(381		)	4,648		51,685		56,333		2,475		53,858				2017
WASHINGTON DC METRO
Camden Ashburn Farm	4,835		22,604		5,020			4,835		27,624		32,459		10,134		22,325				2005
Camden College Park	16,409		91,503		8,675			16,409		100,178		116,587		22,575		94,012				2008
Camden Dulles Station	10,807		61,548		3,836			10,807		65,384		76,191		20,218		55,973				2008
Camden Fair Lakes	15,515		104,223		12,081			15,515		116,304		131,819		44,665		87,154				2005
Camden Fairfax Corner	8,484		72,953		9,013			8,484		81,966		90,450		29,995		60,455				2006
Camden Fallsgrove	9,408		43,647		5,089			9,408		48,736		58,144		19,594		38,550				2005
Camden Grand Parc	7,688		35,900		2,620			7,688		38,520		46,208		14,655		31,553				2005
Camden Lansdowne	15,502		102,267		14,509			15,502		116,776		132,278		43,817		88,461				2005
Camden Largo Town Center	8,411		44,163		3,920			8,411		48,083		56,494		18,444		38,050				2005
Camden Monument Place	9,030		54,089		1,762			9,030		55,851		64,881		19,019		45,862				2007
Camden NoMa	19,442		82,304		141			19,442		82,445		101,887		13,947		87,940				2014
Camden NoMa II	17,331		89,919		(8		)	17,331		89,911		107,242		5,565		101,677				2017
Camden Potomac Yard	16,498		88,317		2,178			16,498		90,495		106,993		28,909		78,084				2008
Camden Roosevelt	11,470		45,785		2,960			11,470		48,745		60,215		18,448		41,767				2005
Camden Russett	13,460		61,837		6,000			13,460		67,837		81,297		26,638		54,659		45,030		2005
Camden Silo Creek	9,707		45,301		4,272			9,707		49,573		59,280		18,634		40,646				2005
FLORIDA
Southeast Florida
Camden Aventura	12,185		47,616		12,122			12,185		59,738		71,923		25,146		46,777				2005
Camden Boca Raton	2,201		50,057		167			2,201		50,224		52,425		6,723		45,702				2014
Camden Brickell	14,621		57,031		13,005			14,621		70,036		84,657		28,728		55,929				2005
Camden Doral	10,260		40,416		6,993			10,260		47,409		57,669		18,578		39,091				2005
Camden Doral Villas	6,476		25,543		7,197			6,476		32,740		39,216		13,446		25,770				2005
Camden Las Olas	12,395		79,518		11,202			12,395		90,720		103,115		35,790		67,325				2005
Camden Plantation	6,299		77,964		9,946			6,299		87,910		94,209		34,816		59,393				2005
Camden Portofino	9,867		38,702		7,850			9,867		46,552		56,419		18,132		38,287				2005
Orlando
Camden Hunter's Creek	4,156		20,925		5,445			4,156		26,370		30,526		10,958		19,568				2005
Camden Lago Vista	$	3,497	$	29,623	$	5,415		$	3,497	$	35,038	$	38,535	$	14,083	$	24,452			2005
Camden LaVina	12,907		42,617		499			12,907		43,116		56,023		10,830		45,193				2012
Camden Lee Vista	4,350		34,643		7,356			4,350		41,999		46,349		22,657		23,692				2000
Camden Orange Court	5,319		40,733		2,929			5,319		43,662		48,981		14,148		34,833				2008
Camden Town Square	13,127		45,997		576			13,127		46,573		59,700		10,374		49,326				2012
Camden World Gateway	5,785		51,821		7,804			5,785		59,625		65,410		23,132		42,278				2005
Tampa/St. Petersburg
Camden Bay	7,450		63,283		13,384			7,450		76,667		84,117		40,385		43,732				1998/2002
Camden Montague	3,576		16,534		335			3,576		16,869		20,445		4,364		16,081				2012
Camden Preserve	1,206		17,982		7,683			1,206		25,665		26,871		15,942		10,929				1997
Camden Royal Palms	2,147		38,339		3,290			2,147		41,629		43,776		14,273		29,503				2007
Camden Westchase Park	11,955		36,254		423			11,955		36,677		48,632		8,526		40,106				2012
GEORGIA
Atlanta
Camden Brookwood	7,174		31,984		8,428			7,174		40,412		47,586		17,047		30,539		$	22,615	2005
Camden Buckhead Square	13,200		43,785		317			13,200		44,102		57,302		965		56,337				2017
Camden Creekstone	5,017		19,912		3,564			5,017		23,476		28,493		4,604		23,889				2012
Camden Deerfield	4,895		21,922		7,966			4,895		29,888		34,783		12,528		22,255		19,211		2005
Camden Dunwoody	5,290		23,642		8,495			5,290		32,137		37,427		13,950		23,477		21,159		2005
Camden Fourth Ward	10,477		51,258		929			10,477		52,187		62,664		7,111		55,553				2014
Camden Midtown Atlanta	6,196		33,828		10,212			6,196		44,040		50,236		17,588		32,648		20,556		2005
Camden Paces	15,262		102,512		455			15,262		102,967		118,229		13,315		104,914				2015
Camden Peachtree City	6,536		29,063		6,985			6,536		36,048		42,584		14,769		27,815				2005
Camden Shiloh	4,181		18,798		5,473			4,181		24,271		28,452		10,473		17,979		10,524		2005
Camden St. Clair	7,526		27,486		7,623			7,526		35,109		42,635		15,392		27,243		21,637		2005
Camden Stockbridge	5,071		22,693		4,344			5,071		27,037		32,108		11,287		20,821		14,326		2005
Camden Vantage	11,787		68,822		2,651			11,787		71,473		83,260		12,233		71,027				2013
NORTH CAROLINA
Charlotte
Camden Ballantyne	$	4,503	$	30,250	$	8,352		$	4,503	$	38,602	$	43,105	$	16,983	$	26,122	$	26,014	2005
Camden Cotton Mills	4,246		19,147		6,190			4,246		25,337		29,583		11,518		18,065				2005
Camden Dilworth	516		16,633		2,317			516		18,950		19,466		7,336		12,130		13,067		2006
Camden Fairview	1,283		7,223		4,127			1,283		11,350		12,633		5,669		6,964				2005
Camden Foxcroft	1,408		7,919		4,345			1,408		12,264		13,672		6,044		7,628				2005
Camden Foxcroft II	1,152		6,499		2,777			1,152		9,276		10,428		4,154		6,274				2005
Camden Gallery	7,930		51,684		45			7,930		51,729		59,659		3,889		55,770				2017
Camden Grandview	7,570		33,859		10,249			7,570		44,108		51,678		18,110		33,568				2005
Camden Sedgebrook	5,266		29,211		7,345			5,266		36,556		41,822		16,032		25,790		21,297		2005
Camden South End	6,625		29,175		9,753			6,625		38,928		45,553		15,752		29,801				2005
Camden Stonecrest	3,941		22,021		6,088			3,941		28,109		32,050		12,677		19,373				2005
Camden Touchstone	1,203		6,772		3,234			1,203		10,006		11,209		5,004		6,205				2005
Raleigh
Camden Crest	4,412		31,108		6,005			4,412		37,113		41,525		14,860		26,665				2005
Camden Governor's Village	3,669		20,508		4,962			3,669		25,470		29,139		10,386		18,753		12,998		2005
Camden Lake Pine	5,746		31,714		10,989			5,746		42,703		48,449		17,866		30,583		26,201		2005
Camden Manor Park	2,535		47,159		4,279			2,535		51,438		53,973		19,361		34,612		29,663		2006
Camden Overlook	4,591		25,563		9,178			4,591		34,741		39,332		15,375		23,957				2005
Camden Reunion Park	3,302		18,457		8,619			3,302		27,076		30,378		11,167		19,211		19,952		2005
Camden Westwood	4,567		25,519		7,660			4,567		33,179		37,746		13,261		24,485		19,900		2005
TEXAS
Austin
Camden Cedar Hills	2,684		20,931		1,106			2,684		22,037		24,721		7,575		17,146				2008
Camden Gaines Ranch	5,094		37,100		10,009			5,094		47,109		52,203		19,724		32,479				2005
Camden Huntingdon	2,289		17,393		10,194			2,289		27,587		29,876		17,818		12,058				1995
Camden La Frontera	3,250		32,376		241			3,250		32,617		35,867		4,776		31,091				2015
Camden Lamar Heights	3,988		42,773		228			3,988		43,001		46,989		6,215		40,774				2015
Camden Stoneleigh	3,498		31,285		7,966			3,498		39,251		42,749		15,902		26,847				2006
Corpus Christi
Camden Breakers	1,055		13,024		9,700			1,055		22,724		23,779		14,605		9,174				1996
Camden Copper Ridge	1,204		9,180		9,019			1,204		18,199		19,403		14,754		4,649				1993
Dallas/Fort Worth
Camden Addison	11,516		29,332		7,726			11,516		37,058		48,574		10,134		38,440				2012
Camden Belmont	$	12,521	$	61,522	$	3,279		$	12,521	$	64,801	$	77,322	$	12,904	$	64,418			2012
Camden Buckingham	2,704		21,251		10,085			2,704		31,336		34,040		18,729		15,311				1997
Camden Centreport	1,613		12,644		6,497			1,613		19,141		20,754		11,439		9,315				1997
Camden Cimarron	2,231		14,092		7,530			2,231		21,622		23,853		14,753		9,100				1997
Camden Farmers Market	17,341		74,193		20,419			17,341		94,612		111,953		45,693		66,260		$	50,673	2001/2005
Camden Henderson	3,842		15,256		482			3,842		15,738		19,580		3,645		15,935				2012
Camden Legacy Creek	2,052		12,896		6,421			2,052		19,317		21,369		12,409		8,960				1997
Camden Legacy Park	2,560		15,449		7,609			2,560		23,058		25,618		14,474		11,144		13,855		1997
Camden Valley Park	3,096		14,667		14,471			3,096		29,138		32,234		27,328		4,906				1994
Camden Victory Park	13,445		71,687		65			13,445		71,752		85,197		5,802		79,395				2016
Houston
Camden City Centre	4,976		44,735		2,736			4,976		47,471		52,447		16,409		36,038		33,770		2007
Camden City Centre II	5,101		28,131		163			5,101		28,294		33,395		6,663		26,732				2013
Camden Greenway	16,916		43,933		19,628			16,916		63,561		80,477		36,831		43,646		52,314		1999
Camden Holly Springs	11,108		42,852		11,453			11,108		54,305		65,413		13,854		51,559				2012
Camden Midtown	4,583		18,026		10,068			4,583		28,094		32,677		16,881		15,796		28,037		1999
Camden Oak Crest	2,078		20,941		5,604			2,078		26,545		28,623		12,735		15,888		17,293		2003
Camden Park	4,922		16,453		5,781			4,922		22,234		27,156		5,563		21,593				2012
Camden Plaza	7,204		31,044		2,026			7,204		33,070		40,274		8,032		32,242		19,835		2007
Camden Post Oak	14,056		92,515		15,212			14,056		107,727		121,783		17,884		103,899				2013
Camden Royal Oaks	1,055		20,046		1,868			1,055		21,914		22,969		8,549		14,420				2006
Camden Royal Oaks II	587		12,743		23			587		12,766		13,353		3,123		10,230				2012
Camden Stonebridge	1,016		7,137		5,966			1,016		13,103		14,119		8,619		5,500				1993
Camden Sugar Grove	7,614		27,594		3,446			7,614		31,040		38,654		7,076		31,578				2012
Camden Travis Street	1,780		29,104		1,019			1,780		30,123		31,903		9,197		22,706		21,595		2010
Camden Vanderbilt	16,076		44,918		22,706			16,076		67,624		83,700		44,273		39,427		73,111		1994/1997
Camden Whispering Oaks	1,188		26,242		1,317			1,188		27,559		28,747		9,481		19,266				2008

Total current communities:	$	1,001,349	$	5,366,204	$	823,548		$	1,001,349	$	6,189,752	$	7,191,101	$	2,115,633	$	5,075,468	$	865,970

Communities under construction:
Name / location
Camden Shady Grove (1) Rockville, MD			$	112,492						$	112,492	$	112,492	$	3,206	$	109,286			N/A
Camden McGowen Station Houston, TX			65,755							65,755		65,755		—		65,755				N/A
Camden Washingtonian Gaithersburg, MD			65,651							65,651		65,651		—		65,651				N/A
Camden North End I Phoenix, AZ			53,070							53,070		53,070		—		53,070				N/A
Camden Grandview II Charlotte, NC			11,059							11,059		11,059		—		11,059				N/A
Camden RiNo Denver, CO			23,590							23,590		23,590		—		23,590				N/A
Camden Downtown I Houston, TX			15,048							15,048		15,048		—		15,048				N/A

Total communities under construction:	$	—	$	346,665	$	—		$	—	$	346,665	$	346,665	$	3,206	$	343,459	$	—

Development pipeline communities:
Name/location
Camden Buckhead Atlanta, GA			$	17,923						$	17,923	$	17,923			$	17,923			N/A
Camden Atlantic Plantation, FL			15,499							15,499		15,499				15,499				N/A
Camden Arts District Los Angeles, CA			19,265							19,265		19,265				19,265				N/A
Camden Hillcrest San Diego, CA			23,593							23,593		23,593				23,593				N/A
Camden Gallery II Charlotte, NC			1,417							1,417		1,417				1,417				N/A
Camden North End II Phoenix, AZ			12,222							12,222		12,222				12,222				N/A
Camden Paces III Atlanta, GA			13,643							13,643		13,643				13,643				N/A
Camden Downtown II Houston, TX			10,100							10,100		10,100				10,100				N/A
Total development pipeline communities:	$	—	$	113,662	$	—		$	—	$	113,662	$	113,662	$	—	$	113,662	$	—

Land Holdings			$	11,148				$	—	$	11,148	$	11,148			$	11,148			N/A
Corporate			5,167					—		5,167		5,167				5,167				N/A

	$	—	$	16,315	$	—		$	—	$	16,315	$	16,315	$	—	$	16,315	$	—

TOTAL	$	1,001,349	$	5,842,846	$	823,548		$	1,001,349	$	6,666,394	$	7,667,743	$	2,118,839	$	5,548,904	$	865,970


(1)	Property is in lease-up at December 31, 2017. Balances presented here includes costs which are included in buildings and improvements and land on the consolidated balance sheet at December 31, 2017. These costs related to completed unit turns for these properties.