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    Event Arena and Equestrian Facility Title is generated by Realmo AI

    4696-B N Highway 377, Stephenville, TX 76401

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    For Sale
    $6,750,000

    COMMERCIAL - Stephenville, TX

    Property size:
    2,540 SF
    Lot size:
    146.43 Acres
    Price / SF:
    $2,657/SF
    Added:
    Jan 3, 2026
    Days on Market:
    164
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 4696-B N Highway 377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Oversize, Paved or Surfaced, Parking Lot, Open, Carport, RV
    Security features
    Security
    Fireplace
    1
    Standard status
    Active
    APN
    R000025020
    Lot size
    146.43 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), Central, Propane (Heating), Fireplace(s)
    Cooling system
    Electric, Ceiling Fan(s), Central Air
    Water source
    Well

    Building Details

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

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    Listing Contact
    Nikki Light

    Listing agent Nikki Light License #0705405

    Listing office Light Realty Stephenville, TX

    Listing date Jan 3, 2026

    MLS# 21143379

    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

    • 146.43‑acre Stephenville, TX commercial property with Lone Star Arena on Hwy 377
    • Two indoor arenas under 1 roof with seating close to 3,000 spectators
    • 7 renovated skyboxes plus 110 RV hookups, 344 stalls, and 8 ceiling fans
    • Includes a brick main home: 2,540 SF, 3 bd, 2 ba with 2 living areas
    • Second house: 1 bd, 1 ba, plus additional horse barn
    • Residential property has a lease in place through June 30, 2027

    Overview

    This whole-property arena and equestrian package includes two indoor arenas under one roof, along with renovated skyboxes and a private club. The facility is built for large events, with seating described as close to 3,000 spectators. It also features significant on-site infrastructure for event operations, including 110 RV hookups, 344 stalls, and multiple large fans, supported by plenty of parking. Two residences are included: a brick main home with 3 bedrooms and 2 bathrooms and a second 1 bedroom, 1 bathroom home, plus an additional horse barn.

    The property is located in Stephenville, Texas and is described as having exceptional visibility from Highway 377. Public remarks position the facility as a destination event center with attractions including big and small events from across the region.

    For operators, the combination of indoor arena space, spectator amenities, and large-scale equestrian capacity supports both hosted events and multi-day programming. The residential component is leased until June 30, 2027, creating an income-producing opportunity alongside the event and equestrian use case. Buyers looking for a turn-key, high-capacity venue should find the existing infrastructure well aligned with event hosting and livestock-focused activities.
    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 - Multi-venue arena property with extensive equestrian and RV infrastructure, plus income from an in-place residential lease.
    Where is this theater & concert hall located?
    The property is located at 4696-B N Highway 377 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: 146.43‑acre Stephenville, TX commercial property with Lone Star Arena on Hwy 377; Two indoor arenas under 1 roof with seating close to 3,000 spectators; 7 renovated skyboxes plus 110 RV hookups, 344 stalls, and 8 ceiling fans
    More about this property
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