Under Texas law, which of the following would NOT be considered a material fact?

The choice of historical pricing trends as not being considered a material fact aligns with Texas law's definition of what constitutes a material fact in real estate transactions. A material fact is typically something that could influence a buyer's decision to purchase a property. Recent pest infestations, major repairs, and invisible defects are directly related to the property’s condition and could significantly impact a buyer's perception of value and safety.

Historical pricing trends, on the other hand, refer to past sales data and market fluctuations rather than the current state or characteristics of the property itself. While such information can provide context on the market and help buyers make informed decisions about pricing strategy, it does not directly affect the physical or legal aspects of the property at the time of sale. Thus, it is not deemed a material fact under Texas law in the same way as the other options listed.