How to hide/reset a Text object (without disabling)

You can create a button and change its color alpha to 0. Then create a child text object. You can set active or inactive the text by using button object. I wrote this code, when mouse enters the button object, text shows up. When mouse exits the button, the text disappear. Think this button as a GameManager. I hope it is want you want.

 using UnityEngine;
 using UnityEngine.UI;
 using UnityEngine.EventSystems;
 
 public class ActiveText : MonoBehaviour, IPointerEnterHandler, IPointerExitHandler
 {
     Text myText;
 
     void Start ()
     {
         myText = GetComponentInChildren<Text>();    
     }
     
     public void OnPointerEnter(PointerEventData eventData)
     {
         myText.gameObject.SetActive(true);
     }
 
     public void OnPointerExit(PointerEventData eventdata)
     {
         myText.gameObject.SetActive(false);
     }
 }