Noble & Associates

What Noble & Associates does

Noble & Associates, Inc. is a San Antonio, Texas-based real estate appraisal and consulting firm founded in 1954 by Charles H. Noble Jr., originally incorporated as Charles H. Noble, Jr., Inc. The firm provides property valuation services across five codified lines: commercial appraisals, farm and ranch valuations, estate and property tax appraisals, expert testimony, and condemnation/eminent domain services. Its service area spans south Texas—from the Hill Country through Big Bend and Fort Stockton to the border, and east past Victoria—serving property owners, attorneys, financial institutions, government entities, automotive groups, healthcare systems, and non-profits.

Operationally, Noble & Associates runs as a small, credentialed professional services practice: a current team of 1–10 led by Sam Noble (MAI, ASA, CRE, CCIM, GAA; 35+ years' experience; lead appraiser since 1988 and sole owner since 2023) and Cecil R. (Bob) Baker (state-certified appraiser with four decades of experience, with the firm since 1989). The firm's underlying technology is conventional appraisal methodology—public records, deed records, and direct outreach to brokers—deployed in Texas, a non-disclosure state where direct commercial comps are not centrally published. There is no disclosed software platform, API, or proprietary data product.

The business model is fee-based professional services, with pricing determined per assignment by property type, complexity, and purpose (financing, tax appeal, estate, divorce, condemnation, litigation). Go-to-market is sales-led and referral-driven: the firm does not advertise and instead relies on long-tenured relationships with San Antonio law firms, regional banks, automotive dealership groups (e.g., Cavender, Kahlig), healthcare systems, and government entities, supplemented by word-of-mouth among attorneys and accountants handling estate and tax matters. Notable assignments include USAA Headquarters, EDS Headquarters, the General Motors Assembly Plant in Arlington, and Campbell's Soup's mushroom farm. The firm is private, family-owned, and consolidated under Sam Noble's sole ownership since 2023.

Name

Noble & Associates

Legal name

Noble & Associates Inc.

Website

https://noblesa.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

San Antonio-based real estate appraisal and consulting firm founded in 1954, providing commercial, farm/ranch, estate, condemnation, and expert testimony valuations across south Texas to attorneys, financial institutions, auto groups, government, and healthcare clients.

Ownership category

akta.pro rank

Product category

Real Estate Appraisal Services

NAICS

Offices of Real Estate Appraisers (53132)

SIC

Real Estate (6500)

akta.pro primary industry

Real Estate Valuation & Appraisal (BPAHANAC)

akta.pro secondary industries

Commercial Property Appraisal (BPAJAKAB), Eminent Domain / Condemnation & Litigation Support Valuation (BPAJAKAJ), Special-Purpose Property Appraisal (Healthcare, Religious, Public, etc.) (BPAJAKAG)

Keywords

• Real estate appraisals
• Commercial property valuations
• Farm ranch valuations
• Estate appraisal services
• Expert witness testimony

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Property Appraisal Services: Professional services revenue generated from providing property valuations for commercial, farm and ranch, estate, condemnation, and expert testimony purposes. Fees are typically charged per assignment based on property type, complexity, and purpose of appraisal.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Noble & Associates is a real estate appraisal and consulting firm that provides professional property valuation services across south Texas. Its core offerings include commercial property appraisals, farm and ranch valuations, estate and property tax appraisals, expert testimony for litigation, and condemnation/eminent domain appraisals for property owners, attorneys, financial institutions, auto groups, healthcare organizations, government entities, and individuals.

Product overview

Noble & Associates is a full-service real estate appraisal firm offering five core service lines: Commercial Appraisals, Farm and Ranch Valuations, Estate and Property Tax Services, Expert Testimony, and Condemnation Services. The firm has served south Texas clients since 1954, providing property valuations for various purposes including investment decisions, financing, tax assessments, estate planning, and legal proceedings.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Appraisals Expert commercial property valuations in Texas covering vacant land, farms, multi-family apartments, office, retail, industrial, hotels, and special purpose properties. The firm leverages 70+ years of combined experience and market knowledge to deliver thorough valuations in Texas's non-disclosure environment.
• Farm and Ranch Valuations Specialized valuation services for farms and ranches focusing on surface land and building improvements such as houses, barns, pens, and fencing, covering regions from Texas Hill Country to Big Bend, Fort Stockton, and south to the border.
• Estate and Property Tax Services Comprehensive estate and property appraisals with over 70 years of combined experience, working directly with attorneys and accountants to provide accurate valuations for estate planning, capital gains tax basis, and property tax assessment purposes.
• Expert Testimony Expert witness services for property valuations in divorce settlement cases, appraisal district assessment disputes, commercial property disputes, special residential disputes, condemnation/eminent domain cases, and environmental contamination matters.
• Condemnation Services Condemnation appraisal services protecting property owners' rights in Texas eminent domain proceedings, ensuring fair compensation through appraisals that assess market value, improvements, and impact on remaining property.

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

21 partnerships are on record, tiered core and minor.

• Kreager Mitchell Attorneys at LawcoreImplementation/ SI/ Consulting PartnerSan Antonio-based law firm providing legal services. Noble & Associates provides property valuation services for their client cases including condemnation, estate, and litigation matters.
• Caldwell, Clark, Fanucchi & Finlayson PLLCcoreImplementation/ SI/ Consulting PartnerSan Antonio law firm with 20+ year relationship. Noble & Associates provides commercial and ranch appraisals for their real estate transactions and legal matters.
• The Law Office of Brian C. Steward, PLLCcoreImplementation/ SI/ Consulting PartnerLitigation and mediation law firm. Noble & Associates provides real estate appraisals supporting their legal cases.
• Germer PLLCminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Ikard Young LLPminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Thomas P. Carnes Attorney & MediatorminorImplementation/ SI/ Consulting PartnerAttorney and mediator services.
• The Voeller Law FirmminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Snow Law FirmminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Patel Gaines Attorneys at LawminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Uhl, Fitzsimons, Jewett, Burton Wolff & Rangel, PLCCminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Winstead PCminorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Earl & Associates, P.C.minorImplementation/ SI/ Consulting PartnerLaw firm providing legal services.
• Cavender Auto GroupcoreChannel Partner/ Reseller/ DistributorMajor San Antonio automotive dealership group. Has relied on Noble & Associates for decades for real estate valuation of family automotive dealerships. Multiple testimonials indicate decades-long relationship.
• Kahlig Auto GroupcoreChannel Partner/ Reseller/ DistributorAutomotive dealership group with 35+ year relationship with Noble & Associates for property appraisals supporting major real estate purchases and donated property valuations.
• Cavender Auto FamilyminorChannel Partner/ Reseller/ DistributorAutomotive dealership group.
• USAAminorOthersNoble family history connection - Col. Charles Noble was one of 25 founding officers of USAA (policy number 7). Company has appraised USAA Headquarters in San Antonio.
• Methodist Healthcare SystemminorChannel Partner/ Reseller/ DistributorHealthcare provider and non-profit organization in San Antonio.
• DeTar Healthcare SystemminorChannel Partner/ Reseller/ DistributorHealthcare system providing medical services.
• City of San AntoniocoreChannel Partner/ Reseller/ DistributorGovernment entity including City of San Antonio and Public Works Department. Noble & Associates provides condemnation and eminent domain appraisal services for public projects.
• General MotorsminorChannel Partner/ Reseller/ DistributorHas appraised the General Motors Assembly Plant in Arlington, Texas.
• Campbell's SoupminorChannel Partner/ Reseller/ DistributorHas appraised the Campbell's Soup mushroom farm property.

Scale indicators4 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• CBRE Valuation & Advisory Services: Global commercial real estate services firm with a dedicated Valuation & Advisory practice. Indirectly comparable in commercial appraisal services, but CBRE competes through institutional scale and broader service offering rather than specialized local expertise.
• Colliers International Valuation & Advisory: Global real estate services firm offering commercial valuation and consulting services. Comparable in valuation services for commercial and special-purpose properties, but with much broader service breadth and geographic reach.
• Cushman & Wakefield Valuation & Advisory: Global real estate services firm with a dedicated valuation practice serving commercial real estate, litigation, and special-purpose assignments. Comparable in scope of valuation service lines but offers a much broader advisory portfolio.
• Marcus & Millichap: Real estate investment services firm with investment sales, financing, research, and advisory services. Comparable in commercial real estate expertise and client overlap, though focused on investment sales rather than fee-based appraisal as a primary activity.
• JLL (Jones Lang LaSalle) Valuation: Global real estate services firm offering valuation, advisory, and consulting. Comparable to Noble & Associates in commercial real estate valuation capability, but operates at enterprise scale across many services and geographies.
• Newmark Valuation & Advisory: Commercial real estate services firm with a dedicated valuation and advisory practice. Comparable in commercial property valuation services for institutional clients, lenders, and legal matters, but operates at larger scale.

Direct peers

• Marshall & Stevens: Independent valuation and consulting firm specializing in real estate, machinery, and equipment appraisal. Direct peer in multi-discipline property valuation, estate, and litigation work, with similar reliance on credentialed senior appraisers.
• Integra Realty Resources: Largest independent commercial real estate valuation firm in the U.S. with offices across multiple states. Directly comparable to Noble & Associates in service mix (commercial, special-purpose, condemnation, litigation) and target client base, though operating at much greater scale and geographic breadth.
• Valbridge Property Advisors: National network of independent real estate appraisal offices offering commercial, residential, and specialty property valuations. Direct peer in terms of appraisal-first business model, property valuation expertise, and reliance on locally rooted certified appraisers.

Others

• Appraisal Institute: Global professional association of real estate appraisers. Comparable in that the MAI designation held by Noble & Associates leadership is granted by this body; functions as a peer in the credentialing ecosystem rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/noble-associates-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Noble & Associates