The Austin-based real estate company that recently received approval to build 32 new homes in the Kings Highway Conservation District has plans for another 44 new homes near Kidd Springs Park.

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PSW Real Estate is expected to meet with neighbors in the Kidd Springs Recreation Center at 6:30 tonight to explain development plans.

The land at Cedar Hill and Fifth is the second of two properties in Oak Cliff that the company acquired from the now-defunct Incap Fund. The new development would have about 44 homes comprising 1,600-2,400 square feet each, according to the Kidd Springs Central Neighborhood Association. Prices would start at $300,000, and the homes would be available as soon as next year.