A four-bedroom home’s on the market in Austin's Rosedale neighborhood for $800,000. Benjamin Cross says that’s out of the price range of many of his friends, but he’s hopeful that what's coming to 75 acres in the neighborhood will bring opportunity.

“I have got friends that want to live here, so I am excited for that,” Cross said. Hopefully that will give them a chance to move in. Then I want things that are walkable.”

This week, developers will ask the Austin City Council to approve zoning 75 acres that they bought from the state. Along with 300 single-family homes, Garrett Martin wants to build 900 condos and apartments that will be affordable regardless of income.

"It comes at great cost and expense to the project, and it is one of the many benefits that we are working to balance,” Garrett Martin with ARG Bull Creek Ltd. said.

Martin wants to strike a balance between homes, businesses and park space. He says it’s not easy, but the payoff will come when people can live, work and play without ever getting in a car.

“I moved into Rosedale because it is walkable, bikeable and it is smack dab in the middle between my work in West Austin and my husband’s work at the Capitol,” Austin resident Natalie Gauldin said.

The development would be just across Shoal Creek from Gauldin’s home. She says it would only add more options for her and still allow her to keep the car parked at home.

Martin plans to have options for families making anything from $24,000 a year to more than $100,000.

"As far as an affordable housing project, this is historic and innovative because there haven't been any in West Austin for the last 50 years," Martin said.

Martin plans to build 900 multifamily units. Of those, 400 will be condos. Another 500 will be apartments with 180 units set aside for families making between 30 and 60 percent of the region’s median family income.

For a family of four, the gross annual income can range from about $24,250 to $46,080.

Learn where your family falls on the median family income scale by clicking here.

The project will also feature 16 acres of park space along Shoal Creek. The zoning case heads before City Council this Thursday.

Check out the proximity of the Rosedale planned affordable housing to existing affordable housing in the graphic below.