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    4696 N Us Highway 377 Stephenville, TX 76401

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    For Sale
    $4,700,000

    Multi-purpose arena and event center in Stephenville, Texas.

    Type:Commercial
    Property size:
    150,000 SF
    Price / SF:
    $31/SF
    Added:
    Apr 22, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 22 at 5:27 pm

    Property Features for 4696 N Us Highway 377

    General Information

    Standard status
    Active
    Size
    150,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1992

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    Listing Contact
    Nikki Light

    Listing agent Nikki Light

    Listing office Light Realty

    Listing date Apr 22, 2026

    Source Signaturere

    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


    Overview

    Stephenville Arena & Event Center

    Located in Stephenville, Texas, also known as the Cowboy Capital of the World, this commercial property is a multi-purpose arena and event center. The property, also known as Lone Star Arena, features approximately 150,000 square feet under roof, plus an additional 57,000 square feet of covered area. It includes two entrances and seating for close to 3,000 spectators. The property has highway frontage and visibility from HWY 377. Features include two separate indoor arenas under one roof, seven renovated skyboxes, 110 RV hookups, 344 stalls, and eight big ass fans. There is also plenty of parking and a Private Club. The property is located in a fast-growing community and is a sought-after event center. Additional acreage is available.
    Location Intelligence

    Current Use by Public Records

    Race tracks

    Suggested Use

    Real Estate Agency Restaurant Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom HVAC Service Bar & Pub Electronics & Wireless Store

    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

    FAQs

    What type of property is this?
    Race track - Multi-purpose arena and event center in Stephenville, Texas.
    Where is this race track located?
    The property is located at 4696 N Us Highway 377 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Prime commercial property on HWY 377 with exceptional highway frontage and visibility.; Multi‑purpose arena and event center featuring roughly 150,000 sq ft under roof and an additional 57,000 sq ft covered area.; Located in Stephenville, TX, the "Cowboy Capital of the World", near Tarleton State University.
    More about this property
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