4696-B N Highway 377, Stephenville, TX 76401

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.