JSFiddle - React, Tailwind, and code Playground

HTML

<div class="image">
    <div class="overlay"></div>
    <div class="text">text</div>
</div>

CSS

.image {
    width: 100px;
    height: 100px;
    background: #ff0000;
    position: absolute;
    top: 50%;
    left: 50%;
    margin-left: -50px;
    margin-top: -50px;
}

.text {
    display: none;
}
.overlay {
    width: 100%;
    height: 100%;
    background: rgba(0, 0, 0, 0.5);
    display: none;
    position: absolute;
}

.image:hover .overlay{
    display: block;
}
.image:hover .text{
    display: block;
}