4696 N US Highway 377

Stephenville, TX 76401

Listing courtesy of Light Realty

$4,700,000
Active
Beds
Baths
Sqft
Year Built
1992

About this home

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 **

Property details

MLS #
1150118406
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