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GROWING PAINS: Shortage of long-term rental property raises lease payments Like other apartment complexes in Marble Falls, The Residences at Panther Hollow, 501 Panther Hollow Drive, has reached occupancy capacity. The Highland Lakes is experiencing a scarcity in rental properties as well as price hikes because of supply and demand. File photo After renting for a year, Kristen Hensley was so pleased with her experience at The Residences at Panther Hollow Apartments at 501 Panther Hollow Drive in Marble Falls that she excitedly pursued renewing her lease for another year. However, when told she would face a rent increase of over $300, her excitement quickly disappeared.

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