Let’s hope you never need this option as a starting point.   But YES, there is a way!

Convert Text string to 3d strings is your option when all the “survey data” you have received is flat (2d) and you need to create a 3d model.

The option will read the value of the Text (spot height) and create a new 3d string at the insertion point of the text.  Horizontal & Vertical offset distances can be applied if the spot height is a set distance (delta values) from the text insertion point.

To open the panel, Use:  File > User> Text (elev) to 3d point