About This Home

This 0-bedroom, 0-bathroom commercial at 4696 N US Highway 377 in Stephenville, TX is listed for $4,700,000. Built in 1992, on a 40.00 acres lot.

Key Features

  • Built in 1992
  • 40.00 acre lot
  • 2 stories

Property Details

2 stories
1992

Amenities

A/CRV Parking
Listing Description

Welcome to the Cowboy Capital of the World! This PRIME COMMERCIAL PROPERTY FOR SALE IN ERATH COUNTY!!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS!

Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community.

The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **MORE ACREAGE AVAILABLE **

Monthly Cost Estimate

$25,137/mo

20% down · 6.5% · 30 years

Principal$3,399
Interest$20,367
Insurance$1,371

Estimates only. Actual payments may vary.

Location

4696 N US Highway 377

Stephenville, TX 76401

Property Details

Flooring

ConcreteLaminate

Construction

SteelSiding

Parking

Paved or SurfacedOpenRVOversizeParking Lot

Heating

Propane (Heating)Electric (Heating)

Cooling

ElectricCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4696 N US Highway 377 is listed at $4,700,000. The estimated monthly payment is $25,137 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1992, 40.00 acre lot, 2 stories.

This property is listed by Nikki Light.

NL

Nikki Light

Agent at Light Realty

Listed by Light Realty · Broker phone: (817) 964-7559

MLS# 21143386· Source: North Texas Real Estate Information Systems, Inc.· 2 days on PropertySimple

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.

4696 N US Highway 377, Stephenville, TX 76401

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