4696 N US HIGHWAY 377, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
4696 N US Highway 377
Stephenville, TX 76401
List Price$4,700,000
Listing #21143386
About This Property
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 Features
Location Information
County
Erath
Subdivision
NA
Interior Features
Has Fireplace
No
Tenant Pays
Other
Heating
Electric, Propane, Other
Total Number of Units
0
Cooling
Ceiling Fan(s), Electric, Other
Accessibility
Accessible Entrance
Floors
Concrete, Laminate, Other
Exterior Features
Construction
Steel Siding
Lot Size in Acres
40
Foundation
Slab
Lot Size in Sq. Ft.
1,742,400
Roof
Metal
Possible Best Use
Office, Other
Water / Sewer
None, Septic Available, Water Available
Zoning
COMMERCIAL
Utilities
None, Septic Available, Water Available
Building Total Area (Sq. Ft.)
149,063
Security System
Security System, Security Lights
Road Description
Highway
Parking Description
Additional Parking, On Site, Open, Other, Oversized, Parking Lot, RV Access/Parking, Unpaved
Is One Story
No
Lot Description
Acreage, Pasture, Few Trees
Lot Description
Acreage, Pasture, Few Trees
Additional Information
Year Built Details
Preowned
Year Built
1992
Property Type
COM
Status
Active
Property SubType
Business
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$21,948
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$16,936
Monthly Tax
$3,916
Monthly Insurance
$1,096
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Nikki Light, Light Realty
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NTREIS - North Texas data last updated at March 12, 2026, 3:35 AM CT
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