Property summary
This exceptional 135.43-acre commercial property in Stephenville, Texas, presents a unique investment opportunity. Known as Lone Star Arena, this established event center boasts approximately 150,000 square feet of indoor space and an additional 57,000 square feet of covered area, providing ample room for diverse uses. The property features two separate indoor arenas under one roof, creating a versatile space for various events. Seven renovated skyboxes offer premium viewing experiences,… while 110 RV hookups cater to attendees requiring overnight accommodations. With 344 stalls and eight large fans, the arena is well-equipped to handle large-scale events and livestock. Ample parking is available, ensuring convenient access for all visitors. A private club adds an exclusive element to the property. The property's strategic location on Highway 377 in Stephenville, a rapidly growing community known for Tarleton State University and its strong equestrian presence, ensures high visibility and significant traffic flow. The arena's capacity to seat nearly 3,000 spectators, combined with its two entrances, makes it an ideal venue for a wide range of events, attracting clientele from both local and international markets. This property offers endless possibilities for expansion and diversification, making it a truly remarkable commercial real estate investment. The asking price is $6,000,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
