4696-A N Highway 377, Stephenville, TX 76401

Building Details

Year Built

1992

Listing office Light Realty

Listing date Jan 3, 2026

Source Sukazarealty

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Overview

This multi-purpose arena and event center offers approximately 150,000 square feet under roof plus an additional 57,000 square feet of covered area. The property includes two indoor arenas under one roof, two separate entrances, and seven renovated skyboxes. Additional on-site features reported include 110 RV hookups, 344 stalls, and multiple large ceiling fans, along with a private club and ample parking.

Located in Stephenville, Texas, the facility benefits from highway frontage along HWY 377 with noted visibility from the highway. The property is associated in the local market as Lone Star Arena and is positioned in a community described as home to Tarleton State University and recognized for hosting a range of events.

For operators seeking a flexible venue, the combination of large covered arena space, substantial spectator seating reported close to 3,000, and dedicated equestrian and RV infrastructure supports event formats that may require both general audience space and event-specific amenities. The two-entrance layout and multiple indoor arenas can also help accommodate simultaneous or staged event programming.

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

-98.26001

Latitude

32.191256

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FAQs

What type of property is this?

Horse & equestrian property - Event facility with two indoor arenas, extensive covered space, and on-site RV hookups and equestrian 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: Multi‑purpose event center and arena facility in Stephenville, TX, built in 1992; Approximately 150,000 sq ft under roof plus about 57,000 sq ft of additional covered area; Two separate indoor arenas under 1 roof