# 4696 N US Highway 377, Stephenville, TX 76401

> **TL;DR:** commercial, $4,700,000, built 1992.
> A/C, RV Parking. Est. $25,137/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,700,000 |
| Year Built | 1992 |
| Lot Size | 1,742,400 sqft (40.00 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $23,766 |
| Estimated Insurance | $1,371 |
| **Total** | **$25,137** |

## Key Amenities

- A/C
- RV Parking

## Property Highlights

- Built in 1992
- 40.00 acre lot
- 2 stories

## Description

### Agent 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 **

## Location

- **Address:** 4696 N US Highway 377, Stephenville, TX 76401
- **County:** Erath
- **Coordinates:** 32.234783, -98.160428
- **Google Maps:** https://www.google.com/maps?q=32.234783,-98.160428

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21143386

## Listing Agent

- **Name:** Nikki Light
- **Brokerage:** Light Realty
- **Broker Phone:** (817) 964-7559

## Photos

![4696 N US Highway 377 - Photo 1](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f282217594r.jpg)

![4696 N US Highway 377 - Photo 2](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3067612297r.jpg)

![4696 N US Highway 377 - Photo 3](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3381999949r.jpg)

![4696 N US Highway 377 - Photo 4](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3118444447r.jpg)

![4696 N US Highway 377 - Photo 5](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f4238389130r.jpg)

![4696 N US Highway 377 - Photo 6](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1566965660r.jpg)

![4696 N US Highway 377 - Photo 7](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f2591985614r.jpg)

![4696 N US Highway 377 - Photo 8](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f549953827r.jpg)

![4696 N US Highway 377 - Photo 9](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1165191816r.jpg)

![4696 N US Highway 377 - Photo 10](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1065707133r.jpg)

![4696 N US Highway 377 - Photo 11](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f2895104797r.jpg)

![4696 N US Highway 377 - Photo 12](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3899207270r.jpg)

![4696 N US Highway 377 - Photo 13](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3005702891r.jpg)

![4696 N US Highway 377 - Photo 14](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3710004549r.jpg)

![4696 N US Highway 377 - Photo 15](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f762762236r.jpg)

![4696 N US Highway 377 - Photo 16](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f477382613r.jpg)

![4696 N US Highway 377 - Photo 17](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f3386879087r.jpg)

![4696 N US Highway 377 - Photo 18](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f629617280r.jpg)

![4696 N US Highway 377 - Photo 19](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1761405461r.jpg)

![4696 N US Highway 377 - Photo 20](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f2495068667r.jpg)

![4696 N US Highway 377 - Photo 21](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f2132560080r.jpg)

![4696 N US Highway 377 - Photo 22](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f4238633222r.jpg)

![4696 N US Highway 377 - Photo 23](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f2879509195r.jpg)

![4696 N US Highway 377 - Photo 24](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1364226558r.jpg)

![4696 N US Highway 377 - Photo 25](http://lh.rdcpix.com/1637686b73d1d23ed38dae7f45844392l-f1131092651r.jpg)

---

**MLS#:** 21143386 | **Updated:** 2026-10-29
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/4696-n-us-highway-377-stephenville-tx-76401-16b666be3c144c0faa88b320199fe776)

---

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