Houston, TX CAM Reconciliation Guide
Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Houston, TX commercial landlords.
Current Vacancy Rates
Source: CBRE/JLL Q4 2025 Market Reports
Average CAM per Square Foot
Property Tax System
Harris County Appraisal District (HCAD)
File protest by May 15 with HCAD; ARB hearing within 90 days. Professional agents common.
~2.2% effective rate (no state income tax)
Key Submarkets
CAM Billing Considerations
- Energy sector vacancy concentration in Energy Corridor
- Hurricane insurance premium volatility
- High gross-up prevalence due to 26.5% vacancy
- No state income tax — property taxes are primary revenue source
- Flooding risk drives insurance cost allocations
BOMA Houston
Market Context
Houston is CapVeri's geographic beachhead. 26.5% office vacancy means gross-up clauses are actively triggered on virtually every lease. Hurricane and flood insurance pass-throughs are a major audit focus.
Need lease data before you reconcile?
lextract.io abstracts commercial leases into 126 structured fields in minutes — CAM definitions, pro-rata share, caps, base year, and more. No manual data entry.
Go to lextract.ioRelated Resources
Reconcile Houston, TX Properties
CapVeri accounts for market-specific vacancy, local tax timing, and property-type-specific expense pools in your reconciliation.
Start Free Trial