4696 N Us Highway 377, Stephenville, TX 76401

Building Details

Year Built

1992

Listing agent Nikki Light

Listing office Light Realty

Listing date Apr 22, 2026

Source Signaturere

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Overview

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.

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

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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.