4696-B N Highway 377

Stephenville, TX 76401

Listing courtesy of Light Realty

$6,750,000
Active
Beds
Baths
Sqft
Year Built
1992

About this home

THE WHOLE LONE STAR ARENA PACKAGE! 146.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!!! This property comes with 146.43 acres and TWO houses! A Brick home, and apartment with an additional horse barn! The main living quarters is 2,540 sqft 3bd 2ba with 2 living areas. Other house is 1bd 1ba. You could live in the main house and rent the other one or use them both as an Airbnb! The possibilities are endless! 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. 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! Income producing opportunity: Residential property currently has a lease until June 30, 2027

Property details

MLS #
1150118175
Property Type
CommercialSale
Status
Active
County
Erath
Listed
Jan 2, 2026
Price per Sqft

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Listing data via NTREIS · Data refreshed Jan 2, 2026