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Equestrian Event Center with Indoor Arenas
For Sale
$6,000,000

4696-A N Highway 377, Stephenville, TX 76401

CommercialSale, Stephenville, TX

Property Size150,000 SF
Lot Size135.43 Acres
Price / SF$40
Days on Market250

Property Features for 4696-A N Highway 377

General Information

Property type Commercial Sale
Property subtype Other
Zoning description COMMERCIAL
Parking features Paved or Surfaced, RV, Oversize, Parking Lot, Open
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 Electric (Heating), Propane (Heating)
Cooling system Electric, Ceiling Fan(s)
Water source Well

Building Details

Year built 1992
Floors in Building 2
Flooring type Laminate, Concrete
Building materials SteelSiding
Roof type Metal
Listing Agency: Light Realty
Listed By: Nikki Light · License #0705405
Added: Jan 3 Changed: Sep 6 Last Checked: Sep 10 at 8:06PM
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.

This 135.43-acre equestrian property includes a multipurpose arena and event center with roughly 150,000 sq ft under roof, plus another 57,000 +- sq ft of covered area. Two indoor arenas operate beneath one roof, with seating for close to 3,000 spectators. The improvements also include 7 renovated skyboxes, 344 stalls, 110 RV hookups, a private club, paved and open parking, metal roofing, concrete and laminate flooring, and two entrances.

Located at 4696-A N Highway 377 in Stephenville, Texas, the property has highway frontage along Highway 377. Site infrastructure includes a well water source and septic tank service. Built in 1992, the facility is equipped with electric and propane heating along with electric cooling and ceiling fans.

Key Highlights

  • 135.43‑acre equestrian property in Stephenville, TX
  • Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area
  • Two separate indoor arenas beneath one roof

Property Analytics

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Current Use

Horse & equestrian properties

Suggested Use

Top Pick Building Supply Furniture & Home Goods Butcher Pharmacy Kitchen & Bath Showroom Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Two indoor arenas, renovated skyboxes, RV hookups, and stalls support equestrian events and spectator activities.
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 equestrian property in Stephenville, TX; Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area; Two separate indoor arenas beneath one roof
More about this property
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