Text color and backgroundColor not updated until app is reloaded when both values specified

[chiaramooney]

Environment

Run the following in your terminal and copy the results here.

1. npx react-native --version: 5.0.1
2. npx react-native info:

System:
OS: Windows 10 10.0.19042
CPU: (8) x64 Intel(R) Core(TM) i7-9700K CPU @ 3.60GHz
Memory: 48.67 GB / 63.84 GB
Binaries:
Node: 14.16.0 - C:\Program Files\nodejs\node.EXE
Yarn: 1.22.5 - C:\Program Files (x86)\Yarn\bin\yarn.CMD
npm: 6.14.11 - C:\Program Files\nodejs\npm.CMD
Watchman: Not Found
SDKs:
Android SDK:
API Levels: 28, 29, 30
Build Tools: 28.0.3, 29.0.2, 29.0.3, 30.0.3
System Images: android-29 | Intel x86 Atom_64, android-29 | Google Play Intel x86 Atom, android-30 | Google APIs Intel x86 Atom
Android NDK: Not Found
Windows SDK:
AllowDevelopmentWithoutDevLicense: Enabled
AllowAllTrustedApps: Enabled
Versions: 10.0.18362.0, 10.0.19041.0
IDEs:
Android Studio: Version 4.1.0.0 AI-201.8743.12.41.7199119
Visual Studio: 16.9.31328.270 (Visual Studio Enterprise 2019)
Languages:
Java: 1.8.0_282 - C:\Program Files\OpenJDK\openjdk-8u282-b08\bin\javac.EXE
npmPackages:
@react-native-community/cli: Not Found
react: 17.0.1 => 17.0.1
react-native: 0.64.1 => 0.64.1
react-native-windows: ^0.64.0-0 => 0.64.14
npmGlobalPackages:
react-native: Not Found

• Target Platform Version(s): 10.0.19042
• Target Device(s): Desktop
• Visual Studio Version: 2019
• Build Configuration: Debug

Steps To Reproduce

Provide a detailed list of steps that reproduce the issue.

1. Create a React Native Windows app running on 0.64 and run the app.
2. Add a Text component to the page and specify color values for both its color and backgroundColor style props.
3. Change the color prop to a new value and save your code.
4. Change the backgroundColor prop to a new value and save your code.

Expected Results

We would expect that in steps 3 and 4 our new values for color and backgroundColor would automatically display in the app after saving the updates to our code. This does not happen. Instead, the app must be reloaded to see the color changes.

Snack, code example, screenshot, or link to a repository:

textColorScreenshot.mp4

[chiaramooney]

Bug now resolved via #8408. Closing Issue.