Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LEVEY LEWIS A
   2. Issuer Name and Ticker or Trading Symbol
CAMDEN PROPERTY TRUST [CPT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
3 GREENWAY PLAZA, SUITE 1300		 3. Date of Earliest Transaction (Month/Day/Year)
12/11/2009
(Street)

HOUSTON, TX 77046		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Limited Partnership Units in Camden Operating, L.P. (1) 12/11/2009   G(2)     291,887 04/15/1997   (3) Common Shares 291,887 $ 0 291,887 I By Trust
Limited Partnership Units in Camden Operating, L.P. (1) 12/11/2009   G(2)   291,887   04/15/1997   (3) Common Shares 291,887 $ 0 291,887 (2) I By Family Limited Partnership
Limited Partnership Units in Camden Operating, L.P. (1) 12/11/2009   G(4)     8,131 04/15/1997   (3) Common Shares 8,131 $ 0 59,674 D  
Limited Partnership Units in Camden Operating, L.P. (1) 12/11/2009   G(4)   8,131   04/15/1997   (3) Common Shares 8,131 $ 0 300,018 (4) I By Family Limited Partnership

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEVEY LEWIS A
3 GREENWAY PLAZA
SUITE 1300
HOUSTON, TX 77046		   X      

Signatures

 /s/: Lewis A. Levey   12/15/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Limited Partnership Units in Camden Operating, L.P. are convertible to common shares of the issuer at a rate of one-for-one.
(2) Transfer of units of limited partnership interest ("Units") of Camden Operating, L.P., a subsidiary of the issuer, from Lewis A. Levey Revocable Trust to a family limited partnership of which the reporting person holds an approximate 99.5% limited partnership interest. The reporting person disclaims beneficial ownership of Units help by the family limited partnership except to the extent of his pecuniary interest therein.
(3) Units of Camden Operating, L.P. have no expiration date.
(4) Transfer of Units of Camden Operating, L.P., a subsidiary of the issuer, from the reporting person to a family limited partnership of which the reporting person holds an approximate 99.5% limited partnership interest. The reporting person disclaims beneficial ownership of Units help by the family limited partnership except to the extent of his pecuniary interest therein, if any.

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