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    Multi-Purpose Arena and Event Center Title is generated by Realmo AI

    4696-A N Highway 377, Stephenville, TX 76401

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    Claim this Listing
    For Sale
    $6,000,000

    COMMERCIAL - Stephenville, TX

    Property size:
    150,000 SF
    Lot size:
    135.43 Acres
    Price / SF:
    $40/SF
    Added:
    Jan 3, 2026
    Days on Market:
    164
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 4696-A N Highway 377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Open, Parking Lot, Paved or Surfaced, RV, Oversize
    Security features
    Security
    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

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Propane (Heating)
    Cooling system
    Electric, Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1992
    Floors in Building
    2
    Flooring type
    Concrete, Laminate
    Building materials
    SteelSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Nikki Light

    Listing agent Nikki Light License #0705405

    Listing office Light Realty Stephenville, TX

    Listing date Jan 3, 2026

    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.

    HighLights

    • 135.43‑acre multi‑purpose commercial property with Lone Star Arena & event center in Stephenville, TX
    • About 150,000 SF under roof plus an additional 57,000+ SF covered area, with 2 entrances
    • Two separate indoor arenas under 1 roof and seating close to 3,000 spectators
    • 7 renovated skyboxes, plus private club and 8 large fans
    • 110 RV hookups and 344 stalls
    • HWY 377 frontage; well water and septic tank; metal roof; steel siding; paved/surfaced parking with RV and oversize spaces

    Overview

    This sale offering features the Lone Star Arena in Stephenville, a multi-purpose arena and event center with approximately 150,000 square feet under roof plus an additional 57,000+ square feet of covered area. The facility includes two separate indoor arenas under one roof and two entrances, designed to support a wide range of events. On-site amenities include renovated skyboxes, a private club, plenty of parking, and additional support infrastructure such as 110 RV hookups, 344 stalls, and eight large fans.

    Located in a fast-growing community with highway frontage and traffic, the property is described as having exceptional visibility from HWY 377. The complex is positioned as a regional gathering place and is noted as a home venue for professional Cowboys and Cowgirls, with connection to Tarleton State University and the broader “City of Champions” identity.

    For operators and investors, the combination of indoor arena capacity, dedicated event spaces, spectator seating near 3,000, and extensive accommodations for horses and RVs supports both larger and smaller events without relying on seasonal conditions. The two-arena configuration and existing event-focused buildout make it well-suited for a tenant seeking an all-in-one venue platform, or for buyers planning to continue operating and expanding an event and sports programming business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hair Salon Big Box & Wholesale Store Pharmacy Hotel & Motel Auto Repair Shop Department Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.160428
    Latitude
    32.234783

    FAQs

    What type of property is this?
    Theater & concert hall - Prime arena complex with highway visibility, seating capacity, RV hookups, and extensive facilities for year-round events.
    Where is this theater & concert hall 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 multi‑purpose commercial property with Lone Star Arena & event center in Stephenville, TX; About 150,000 SF under roof plus an additional 57,000+ SF covered area, with 2 entrances; Two separate indoor arenas under 1 roof and seating close to 3,000 spectators
    More about this property
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