Austin, TX CAM Reconciliation Guide
Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Austin, TX commercial landlords.
Current Vacancy Rates
Source: CBRE/JLL Q4 2025 Market Reports
Average CAM per Square Foot
Property Tax System
Travis Central Appraisal District (TCAD) / Williamson Central Appraisal District
File protest by May 15 (or 30 days after notice) with TCAD. ARB hearing; binding arbitration available for properties under $5M.
~1.8-2.2% effective rate (no state income tax)
Key Submarkets
CAM Billing Considerations
- Explosive supply pipeline created rapid vacancy spike from 2023-2025
- Samsung/Tesla/Apple campus expansions distort submarket metrics
- No state income tax means aggressive property tax levies
- Flash flood risk drives insurance costs in certain corridors
- Rapid suburban growth outpacing infrastructure
BOMA Austin
Market Context
Austin had the sharpest office vacancy increase of any Sun Belt metro as new construction delivered into falling demand. Tax protests are common given aggressive TCAD valuations.
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