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Try knitting cables and lace at the same time with Schaefer's Anne Lacy Cable Socks by Rebecca Hatcher.  This pattern can be knit either on double points or by the Magic Loop method.  And you only need 1 skein of Schaefer's Anne.

Finished Measurements: Circumference 6" unstretched, easily stretches up to 9.5".  Foot and Cuff length are adjustable.
Yarn: 560 yards of fingering weight yarn, shown in Anne (60% merino wool superwash, 25% mohair & 15% nylon, 560 yards, 4 ounces)
Needles: size US 1.5 (2.5mm) 40" circular for magic loop method or set of 4 or 5 doubles
Gauge: 36 sts /44 rows = 4" in st st, unstretched