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Event Arena and Equestrian Facility
For Sale
$6,750,000

4696-B N Highway 377, Stephenville, TX 76401

COMMERCIAL - Stephenville, TX

Property Size2,540 SF
Lot Size146.43 Acres
Price / SF$2,657
Days on Market242

Property Features for 4696-B N Highway 377

General Information

Property type Commercial Sale
Property subtype Other
Zoning description COMMERCIAL
Parking features RV, Paved or Surfaced, Parking Lot, Open, Carport, Oversize
Security features Security
Fireplace 1
Lot features Acreage, Pasture, Few Trees
Directions Lone Star Arena: 4696 N US HWY 377 Stephenville, TX 76401 House location is: 655 CR 437 Stephenville, TX 76401
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
Legal Description ACRES: 135.430 A0683 SIMS WILLIAM & A0605 J J

Utilities

Sewer type Septic Tank
Heating system Propane (Heating), Electric (Heating), Central, Fireplace(s)
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Well

Building Details

Year built 1992
Floors in Building 2
Flooring type Concrete, Tile, Laminate
Building materials SteelSiding
Roof type Composition, Metal
Listing Agency: Light Realty
Listed By: Nikki Light · License #0705405
Added: Jan 3 Changed: Aug 12 Last Checked: Sep 2 at 4:06AM
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.

Investment Insights

Based on property information with market context.

Offering a full “Lone Star Arena” package on 146.43 acres in Stephenville, TX, this commercial property includes two indoor arenas under one roof along with seating close to 3,000 spectators. The facility also features 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 fans, plenty of parking, and a private club.

The property includes residential improvements as well, with a brick main home and a second house plus an additional horse barn. The main living quarters is described as 2,540 sq. ft. with 3 bedrooms, 2 bathrooms, and 2 living areas, and the other house is described as 1 bedroom and 1 bathroom. The residential portion is currently leased through June 30, 2027.

Key Highlights

  • 146.43‑acre commercial property in Stephenville, TX, featuring two houses plus an additional horse barn.
  • Main house: 2,540 SF, 3 bed/2 bath with 2 living areas; second house: 1 bed/1 bath.
  • Event facility includes 2 separate indoor arenas under one roof and seats close to 3,000 spectators.

Property Analytics

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

1
Residential units
Turnkey business
Opportunity
Yes
Highway 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Two indoor arenas under one roof with seating close to 3,000 spectators.
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, featuring two houses plus an additional horse barn.; Main house: 2,540 SF, 3 bed/2 bath with 2 living areas; second house: 1 bed/1 bath.; Event facility includes 2 separate indoor arenas under one roof and seats close to 3,000 spectators.
More about this property
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