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    Stephenville Event Center Opportunity Title is generated by Realmo AI

    4696 N US Highway 377, Stephenville, TX 76401

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    Claim this Listing
    For Sale
    $4,700,000

    COMMERCIAL - Stephenville, TX

    Lot size:
    40.00 Acres
    Added:
    Jan 3, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for 4696 N US Highway 377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Open, Parking Lot, RV, Paved or Surfaced, Oversize
    Security features
    Security
    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

    Utilities

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

    Building Details

    Year built
    1992
    Floors in Building
    2
    Flooring type
    Laminate, Concrete
    Building materials
    SteelSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Nikki Light

    Listing agent Nikki Light License #0705405

    Listing office Light Realty Stephenville, TX

    Listing date Jan 3, 2026

    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.

    HighLights

    • Prime commercial property with exceptional highway frontage and visibility on HWY 377.
    • Multi‑purpose arena and event center with approximately 150,000 sq ft under roof and an additional 57,000 sq ft of covered area.
    • Two separate indoor arenas under one roof and seating for close to 3,000 spectators.
    • Features 110 RV hookups and 344 stalls.
    • 7 renovated skyboxes and a Private Club.
    • Located in Stephenville, TX, near Tarleton State University.

    Overview

    Located in Stephenville, Texas, also known as the Cowboy Capital of the World, this commercial property offers a multi-purpose arena and event center. The property, also known as Lone Star Arena, features approximately 150,000 square feet under roof, with an additional 57,000 square feet of covered area and two entrances. The property is situated in a fast-growing community with highway frontage and traffic, offering exceptional visibility from Highway 377. The event center seats close to 3,000 spectators and includes two separate indoor arenas under one roof, seven renovated skyboxes, 110 RV hookups, and 344 stalls. It also features eight big ass fans, ample parking, and a private club. The property is located in Erath County and has 40 acres. More acreage is available. This commercial real estate has become a highly sought-out event center from all over the world.
    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
    -98.160428
    Latitude
    32.234783

    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 with exceptional highway frontage and visibility on HWY 377.; Multi‑purpose arena and event center with approximately 150,000 sq ft under roof and an additional 57,000 sq ft of covered area.; **Two separate indoor arenas under one roof and seating for close to 3,000 spectators.**
    More about this property
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