RE: Sargassum Weed
I doubt its actually Sargassum, but rather a similar brown algae similar to a kelp. Sargassum doesn't attach to substrate like your pics indicate. Sargassum is usually free floating, sorta like Chaeto. I don't think there is any problems you need to worry about with it in your tank. Probably quite the contrary. I would just make sure to keep it trimmed back so that it doesn't go crazy in your tank. I think it would be a great addition to something like a seahorse tank.
I'm not aware of any laws associated with marine plants in Texas. I know that there are some in California, especially in relation to Caulerpa.
Gary
125 SPS, 75 gal. LPS/softie reef, 9 gal. Nano