Census tract 101.02, Cameron County, TX: 2027 Opportunity Zone

Yes. Census tract 101.02 in Cameron County, Texas (GEOID 48061010102, QOZ ID R48061010102-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036. Treasury classifies it as made up entirely of a rural area.

Population

1,285

Median family income

$63,405

Poverty rate

26.8%

Unemployment

0.0%

Median home value

$185,400

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 26.8%, income at 105% of the area median). See how a tract qualifies.

Its poverty rate ranks 14 of 20 among the designated tracts in Cameron County.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 48061010100 (100%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

What applies here

A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 30% if the investment is in a qualified rural opportunity fund, otherwise 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. Because this is a rural zone, an existing building can meet the substantial improvement test with additions above 50% of its basis instead of 100%. See the OZ 2.0 rules and rural zones.

Other designated tracts in Cameron County

• Tract 48061010301
• Tract 48061010406
• Tract 48061010802
• Tract 48061010900
• Tract 48061011401
• Tract 48061011402
• Tract 48061011500
• Tract 48061011601
• Tract 48061011602
• Tract 48061011701
• Tract 48061011702
• Tract 48061012003

See all Cameron County Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.