The street is part of a 5.59-acre development being built by Houston-based general contractor RobRyan Custom Builders and is located at 507 Rupen Drive, Lakeway, according to city documents.
The submitted preliminary plan is to develop 10 residential lots and one drainage reserve lot, the city said.
In terms of traffic, the new development is expected to generate around 103 trips per day, according to the report.
The developer is also requesting City Council approve a fee in lieu in the amount of $45,000 to meet the parkland dedication and improvements requirements.
At the Dec. 19 meeting, council will decide whether to approve, deny or postpone the preliminary plans for Taranga Drive.