Census Tract 1, Waco, Texas

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Waco, Texas.

This 1.1 square milecensus tract has a population of approximately 2,100and is one of 5 Opportunity Zones in McLennan County.

The adjacent map shows the location of this Opportunity Zone in Texas.

Census Tract 1 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$25K

This Opportunity Zone has a median household incomeof approximately $25,000, which is 61% lowerthan the median household income for the state of Texas of $64,000.

Poverty Rate

40%

The percentage of households below the poverty line in this Opportunity Zone is 40%, which is 26% higherthan the rate for the state of Texas of 14%.

Median Home Value

$0

This Opportunity Zone has a median home valueof approximately $0, which is 100% lowerthan the median home value for the state of Texas of $200,000.

Education

78%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 78%, which is 7% lowerthan the rate for the state of Texas of 85%.

Median Age

26

This Opportunity Zone has a median ageof approximately 26, which is 26% lowerthan the median age for the state of Texas of 35.

Texas OZ Funds

There are 30QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Texasas a target market. Additional OZ funds may also invest in Texas; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
Starpoint Opportunity Zone Fund Premium Listing Real Estate Industrial, Mixed-Use, Multi-Family Housing $100M
3LB Equities Opportunity Zone Fund Real Estate Affordable Housing, Multi-Family Housing, Residential $150M
Alliant Strategic Opportunity Zone Fund I, LLC Business, Real Estate Affordable Housing, Mixed-Use, Workforce Housing $125M
Alpha Opportunity Zone Fund I Real Estate Affordable Housing, Residential, Student Housing $250M
Blueprint Texas Business, Real Estate Commercial, Residential $25M
Cedar Creek Lake Opportunity Fund Real Estate Senior Housing $30M
Clearinghouse CDFI Opportunity Fund Real Estate $25M
Community Outcome Fund Business, Real Estate Commercial, Infrastructure, Mixed-Use, Residential $500M
CTC Opportunity Fund LLC Business Healthcare $6M
Durango RE SPE, LLC Real Estate $9M
Elite Opportunity Fund, Inc. Business Energy Development $250M
First Harvest Opportunity Fund Business Farmland $100M
Fundrise Opportunity Fund Real Estate Commercial, Mixed-Use, Residential $500M
GoodHorn Senior Living Opportunity Zone Fund Real Estate Residential, Senior Housing $6M
GTIS Qualified Opportunity Fund Real Estate Industrial, Multi-Family Housing, Residential, Single-Family Housing, Student Housing, Warehouse $350M
HEX Fund Business, Real Estate Residential $500K
Kress OZ LP Real Estate Commercial, Office, Parking $20M
Maxus Opportunity Fund I Real Estate Commercial, Residential $500M
Midas Opportunity Zone Fund Real Estate Hotel $35M
Milhaus QOZ Fund VII Real Estate Commercial, Multi-Family Housing $59M
NORF 4 Opportunity Zone Fund Commercial, Mixed-Use, Multi-Family Housing, Residential, Student Housing, Workforce Housing $50M
Origin Investments QOZ Fund Real Estate Commercial, Residential $200M
Peachtree Hotel Group Real Estate Hotel $100M
PICOZ Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing $100M
Pilot & Legacy Opportunity Fund, LLC Real Estate Workforce Housing $50M
REICO Business, Real Estate Commercial, Multi-Family Housing, Residential, Storage $150M
The Fund of OZ Fund Business, Real Estate Affordable Housing, Mixed-Use
Vertical Farm Opportunity Fund I, LLC Real Estate Farmland $30M
Virtua Opportunity Zone Fund I Real Estate Hotel, Industrial, Office, Residential $200M
Woodforest CEI-Boulos Opportunity Fund Real Estate Workforce Housing $22M

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