After much debate and speculation about the fate of Lone Star Arena, it appears the largest venue for public gatherings in Erath County, as well as two other properties, are listed by the county as part of a foreclosure.
The arena, located just outside the Stephenville city limits, is delinquent on several bank loans.
According to court documents, the loans in question total several million dollars. The properties, including Lone Star Arena, Erath Iron and Metal and a Dublin property, are scheduled to be auctioned off between 1 and 4 p.m. on Tuesday, Feb. 7, at the Erath County Courthouse.

Source: Local News