# 4696 N US Highway 377, Stephenville, TX 76401

> **TL;DR:** commercial, $4,700,000, built 1992.
> RV Parking. Est. $20,367/mo.

## Property at a Glance

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

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $20,367 |
| **Total** | **$20,367** |

## Key Amenities

- RV Parking

## Property Highlights

- Built in 1992
- 40.00 acre lot

## 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
- **Neighborhood:** NA
- **Coordinates:** 32.234783, -98.160428
- **Google Maps:** https://www.google.com/maps?q=32.234783,-98.160428

## Listing Agent

- **Name:** Nikki Light
- **Brokerage:** Light Realty
- **Phone:** 8179647559
- **Email:** nikkilight.broker@gmail.com

## Primary Photo

![4696 N US Highway 377 - Primary Photo](http://lh.rdcpix.com/32c7a77e80c72a4744f411e53b676198l-f524137632r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/4696-n-us-highway-377-stephenville-tx-76401-21143386)*

---

**MLS#:** 21143386 | **Updated:** 2026-06-18
**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://www.propertysimple.com/listing/4696-n-us-highway-377-stephenville-tx-76401-21143386)

---

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