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Multi-Arena Event Center

4696 N US Highway 377, Stephenville, TX 76401

For Sale
$4,700,000

CommercialSale, Stephenville, TX

Property Size150,000 SF
Lot Size40.00 Acres
Price / SF$31.33
Days on Market315

Property Features for 4696 N US Highway 377

General Information

Property type Commercial Sale
Property subtype Other
Zoning description COMMERCIAL
Parking features Paved or Surfaced, Open, RV, Oversize, Parking Lot
Security features Security
Lot features Acreage, Pasture, Few Trees
Directions Lone Star Arena: 4696 N US HWY 377 Stephenville, TX 76401
Standard status Active
APN R000025020
Lot size 40.00 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)
Cooling system Electric, Ceiling Fan(s)
Water source Well

Building Details

Year built 1992
Floors in Building 2
Flooring type Concrete, Laminate
Building materials SteelSiding
Roof type Metal
Listing Agency: Light Realty
Listed By: Nikki Light · License TX #0705405
Added: Jan 3 Changed: Oct 29 Last Checked: Nov 13 at 3:06AM
MLS# 21143386

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.

Rey
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Investment Insights

Based on property information with market context.

This sports and entertainment property occupies 40 acres in Stephenville and includes two separate indoor arenas beneath one roof. The improvements provide roughly 150,000 square feet under roof, along with another 57,000 +- square feet of covered area. The venue seats close to 3,000 spectators and includes 7 renovated skyboxes, a private club, 110 RV hookups, 344 stalls, and paved parking with space for oversized vehicles.

Access is provided by 2 entrances, with frontage along US Highway 377. The property was built in 1992 and features a metal roof, steel siding, laminate and concrete flooring, electric and propane heating, electric cooling, and ceiling fans. Water service is provided by a well, with septic infrastructure on site.

Key Highlights

  • 40‑acre sports and entertainment property in Stephenville, TX
  • Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area
  • 2 separate indoor arenas beneath one roof

Property Analytics

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Current Use

Sports & entertainment properties

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Sports & entertainment property - The property includes two indoor arenas, event facilities, and highway frontage.
Where is this sports & entertainment property 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: 40‑acre sports and entertainment property in Stephenville, TX; Roughly 150,000 sq ft under roof plus another 57,000 +- sq ft covered area; 2 separate indoor arenas beneath one roof
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