Device Tile that can change text?

Hi. New to all this so just looking for a couple of pointers to see if something is even possible.

Can you have a device type. Not sure what. That can display dynmic text. For example read a state/text of something or be passed a value and display that.

For example a switch but shows a state as in off. On. Standby or a value of high medium low. But these would need to change. So could be either cat dog rabbit or one day say cow.

Hopefully that makes sense!!!