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.

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.