Texas Names a New Opportunity Zone Map for 2027-2036: What Paris Investors Need to Know

On September 4, 2026, Governor Greg Abbott nominated roughly 605 census tracts for Texas's next round of Qualified Opportunity Zones, the designations that run from January 1, 2027 through December 31, 2036. The nominations are due to the U.S. Treasury by late October or November 2026, and the resulting map replaces the current designations, which sunset at the end of this year. The One Big Beautiful Bill Act, signed July 4, 2025, made the Opportunity Zone program permanent and created this new nomination cycle, with fresh state designations every ten years.

For investors, the most important date is December 31, 2026: capital gains deployed into a Qualified Opportunity Fund after that date no longer qualify for the original deferral and step-up rules. Legacy OZ 1.0 designations expire at year-end, so a gain must be rolled into a fund within the 180-day window and by that deadline to lock in the original benefits.

What changes in the 2027 round

The new round keeps a 10% basis step-up for Qualified Opportunity Fund investments held five years, adds a 30% step-up for Qualified Rural Opportunity Fund investments in rural areas (triple the standard benefit), preserves a rolling five-year capital-gain deferral, and keeps the permanent exclusion of appreciation for holdings kept ten years or more, capped at 30 years. The qualification criteria for tracts are stricter than before: eligible tracts generally need a median household income below 70% of the state or metro median, or a poverty rate of at least 20% with income at or below 125% of the median. The old contiguous-tract allowance was dropped.

Texas has no personal income tax, so there is no separate state capital-gains incentive to stack on the federal program, and the Texas franchise tax still applies to businesses. Opportunity Zone benefits can still be combined with Texas historic tax credits, Low Income Housing Tax Credits, and New Markets Tax Credits, which is a meaningful option for adaptive-reuse projects.

The read for 1905 E Price St

The property at 1905 E Price St is marketed and positioned as a Texas Opportunity Zone asset, so the map transition is directly material to its investment case. Whether the parcel remains inside a designated zone under the 2027-2036 map will be confirmed once Treasury finalizes the nominations, and buyers should verify tract status against the final published federal map before underwriting deferred-gain benefits. The property's underlying story, an estimated 10% cap rate on current income with upside from adaptive reuse, stands on its own; the Opportunity Zone layer is the tax overlay on top of it.