American taxpayers heavily subsidize professional sports leagues and teams in the construction and renovations of sports stadiums through direct and indirect public funding. Today, in what is being referred to as a, “sports stadium construction boom,” the amount of public funding for stadiums far outweigh the private investments of teams. This study is centered on the idea that is often sold to taxpayers on this issue, “Residential property values in the local community will increase with the construction of a new sports stadium.” Secondly, this study aims to take into account the “civic pride” which could be a byproduct of the construction of a sports stadium. In order to do this, Home Values are examined in Arlington Texas, home of AT&T Stadium where the Dallas Cowboys play. The study concludes that there is little to no evidence to support the notion that there has been an increase in housing value in a close proximity to AT&T stadium. In addition to this, there is little to no evidence to suggest the existence of civic pride caused by an NFL sports stadium in Arlington Texas.