That will vary depending on your goals:
Daily driver?
Street Strip - mild? Wild?
Race only?
Race an occasional street??
HP and the related ET/MPH goals in you have them in mind?
Can I pick 2 ,Daily driver?
Street Strip - mild? Wild? I wan fry the tires a high 12 would be fine.
Your goals are easily doable in todays market, what year, body style, tranny and rear end and rear gear ratio do you have now?
The reason I'm asking about these is the larger C.I. stroker pump gas motors with a set of Eddy RPM heads and a decent size(850CFM+) carb. will be a real tire fryer and may be hard to hook up at the track on small street tires
Mid to high 12.s in the 1/4 are doable on the proper size street tires