Multi-Purpose Arena & Event
For Sale
$6,000,000
4696-A N Highway 377, Stephenville, TX 76401
COMMERCIAL - Stephenville, TX
Property Size150,000 SF
Lot Size135.43 Acres
Price / SF$40
Days on Market243
Property Features for 4696-A N Highway 377
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COMMERCIAL
Parking features
RV, Paved or Surfaced, Parking Lot, Open, Oversize
Security features
Security
Lot features
Acreage, Pasture, Few Trees
Directions
Lone Star Arena: 4696 N US HWY 377 Stephenville, TX 76401
Standard status
Active
APN
R000025020
Lot size
135.43 Acres
Taxes and HOA fees
Tax Description
ACRES: 135.430 A0683 SIMS WILLIAM & A0605 J J
Legal Description
ACRES: 135.430 A0683 SIMS WILLIAM & A0605 J J
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating), Electric (Heating)
Cooling system
Ceiling Fan(s), Electric
Water source
Well
Building Details
Year built
1992
Floors in Building
2
Flooring type
Concrete, Laminate
Building materials
SteelSiding
Roof type
Metal
Listing Agency:
Light Realty
Listed By:
Nikki Light · License #0705405
(817) 964-7559
Added: Jan 3
Changed: Aug 12
Last Checked: Sep 3 at 6:06PM
MLS# 21143384
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Lone Star Arena in Stephenville, TX offers a multi-purpose arena and event center on 135.43 acres, featuring roughly 150,000 sq ft under roof and an additional 57,000 +- sq ft covered area. The property includes 2 separate indoor arenas under 1 roof, 2 entrances, and seating close to 3,000 spectators. Event and guest amenities include 7 renovated skyboxes and a private club.
Operational capacity is designed for events and equestrian use, with 110 RV hookups and 344 stalls. The building is built with steel siding and a metal roof, with concrete and laminate flooring throughout. Heating is provided via propane and electric, and cooling includes ceiling fans and electric. Parking is available with paved/surfaced areas, an RV parking component, and oversize parking.
The arena is located along HWY 377 with highway frontage and traffic in a fast-growing community, and the property is described as having exceptional visibility from HWY 377.
Operational capacity is designed for events and equestrian use, with 110 RV hookups and 344 stalls. The building is built with steel siding and a metal roof, with concrete and laminate flooring throughout. Heating is provided via propane and electric, and cooling includes ceiling fans and electric. Parking is available with paved/surfaced areas, an RV parking component, and oversize parking.
The arena is located along HWY 377 with highway frontage and traffic in a fast-growing community, and the property is described as having exceptional visibility from HWY 377.
Key Highlights
- 135.43‑acre Lone Star Arena property with highway frontage along HWY 377
- Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area
- 2 separate indoor arenas under 1 roof with 2 entrances
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 76401, TX
30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Horse & equestrian property - Lone Star Arena on 135.43 acres with seating close to 3,000, plus highway frontage and high-visibility event hosting facilities.
Where is this horse & equestrian property located?
The property is located at 4696-A N Highway 377 Stephenville, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 135.43‑acre Lone Star Arena property with highway frontage along HWY 377; Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area; 2 separate indoor arenas under 1 roof with 2 entrances
