First of all, I have heard nothing but good things about these Gold Cups. How do they stack up as far as accuracy and such against names like Wilson and Baer? Lastly, where can a guy in Texas find one?
They're not too hard to find... You might look around locally, or you could check out http://www.gunsamerica.com. There's usually a few listed there, although prices may be higher than average.
The older Gold Cup National Match's are probably some of the better built Colt's, though I have seen a few of the Gold Cup Trophy's that didn't look bad.
You can't really compare a Gold Cup with a Wilson, or a Baer. While the Semi "Custom Shop" production quality is probably better overall, they are different.
The Gold Cup has a unique Sear/Disconnector and Trigger, and is not generally built to as tight a spec as something like a Premier 2 or a Super Grade, of course, they're also much less that a Super Grade.
I just bought a new one yesterday and took it out and love it! First three shoots were dead center at 25 feet with no missfeeds. I bought it because the 1911A1 repo I ordered came in at a higher price the new GC Trophy. I feel I made the right choice. Good luck. MD