Tract 48061011500

Census tract 115, Cameron County, TX: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 115 in Cameron County, Texas (GEOID 48061011500, QOZ ID N48061011500-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
5,721
Median family income
$57,961
Poverty rate
35.0%
Unemployment
8.5%
Median home value
$77,000

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 35.0%, income at 96% of the area median). See how a tract qualifies.

Its poverty rate ranks 7 of 20 among the designated tracts in Cameron County.

Was it a 2018 zone?

None of this tract's land was in a 2018 Opportunity Zone, so it is new to the program on January 1, 2027.

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 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.

Other designated tracts in Cameron County

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.

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Financing for the real estate inside the zone.

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