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4696-B N Highway 377, Stephenville, TX, 76401
Arena Event Center with Stabling

4696-B N Highway 377 Stephenville, TX 76401

For Sale
$6,750,000

Multi-facility event venue with indoor arenas, extensive stalls, and RV hookups, plus two on-site residences.

Lot Size146.43 Acres
Days on Market204

Property Features for 4696-B N Highway 377

General Information

Standard status
Active
Lot size
146.43 Acres
Property subtype
Business

Building Details

Year Built
1992
Listing Agency: Light Realty
Listed By: Nikki Light
Source: Century21sueanndenton
Added: Jan 3 Changed: Jul 10 Last Checked: Jul 26 at 11:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Light Realty


Investment Insights

Based on property information with market context.

This for-sale package includes a full event and equestrian operation on 146.43 acres, featuring two separate indoor arenas under one roof, seven renovated skyboxes, and seating for close to 3,000 spectators. The improvements also include a private club, plenty of parking, 344 stalls, and eight large fans supporting year-round use. RV accommodations include 110 hookups. The property further includes two houses: a brick main home with 2,540 square feet, three bedrooms, and two bathrooms with two living areas, and an additional one-bedroom, one-bath apartment. Residential space can be used by an operator on-site or to generate rental income.

The Lone Star Arena is located in Stephenville, TX with exceptional visibility from Highway 377, supporting event use for both smaller and larger gatherings. The public remarks also describe strong regional draw tied to local collegiate and equestrian activity.

For buyers seeking a ready-to-operate event center and equestrian facility, the combination of indoor arenas, large-capacity seating, skyboxes, and extensive stabling can support a range of programming. The residential component is currently leased until June 30, 2027, which may provide near-term income while an operator evaluates continued use of the arena and RV operations.

Key Highlights

  • 146.43‑acre commercial property in Stephenville, TX near Lone Star Arena, with exceptional visibility from HWY 377
  • Multi‑facility event venue with two separate indoor arenas under 1 roof
  • 7 renovated skyboxes plus a Private Club, with seating for close to 3,000 spectators

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Campgrounds

Suggested Use

Building Supply Furniture & Home Goods Butcher Pharmacy Kitchen & Bath Showroom Real Estate Agency Hair Salon Storage Facility Grocery & Convenience Store Garden Center

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

FAQs

What type of property is this?
Horse & equestrian property - Multi-facility event venue with indoor arenas, extensive stalls, and RV hookups, plus two on-site residences.
Where is this horse & equestrian property 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 commercial property in Stephenville, TX near Lone Star Arena, with exceptional visibility from HWY 377; Multi‑facility event venue with two separate indoor arenas under 1 roof; 7 renovated skyboxes plus a Private Club, with seating for close to 3,000 spectators
More about this property
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