public textColor : Number
Indicates the color of the text in a text field. The hexadecimal color system uses six digits to represent color values. Each digit has sixteen possible values or characters. The characters range from 0 to 9 and then A to F. Black is represented by (#000000) and white, at the opposite end of the color system, is (#FFFFFF).
The following ActionScript creates a text field and changes its color property to red.
this.createTextField("my_txt", 99, 10, 10, 100, 300);
my_txt.text = "this will be red text";
my_txt.textColor = 0xFF0000;