By BRAD KEITH
STEPHENVILLE (September 6, 2016) — As Stephenville gears up for the 2016 Cowboy Capital of the World PRCA Rodeo, The Flash Today has confirmed that Lone Star Arena will likely have a new owner before the 2017 event.
And it’s someone not only familiar with the local rodeo scene but a top sponsor of the local PRCA rodeo and several associated events each fall.
Cody Johnson, owner of Twisted J Apparel, confirmed Tuesday morning that he has a contract to purchase the arena pending a feasibility study.
“I have a contract out on Lone Star Arena and I am currently doing a 90-day feasibility study before the deal goes further,” said Johnson by phone Tuesday morning.
Lone Star Arena is currently owned by La Tierra De Los Vaqueros, LLC. with Nicole Boyd listed as the manager according to property records online. The records indicate La Tierra De Los Vaqueros has owned it since September 4, 2012, and it is currently appraised at $2.4 million by Erath County Central Appraisal District.
In addition to PRCA and PBR events, Lone Star Arena has been home to CC5D (Cowboy Capital 5D) Barrel Racing, the Buck & Duck bull riding, a regional high school rodeo, an annual mounted shooting competition, events associated with the county stock show and much more.