Heat 1 tablespoon of olive oil in a large skillet over medium-high heat. Add steak slices, season with half the fajita seasoning, and cook until browned, about 3–4 minutes. Remove and set aside.
In the same skillet, add the remaining olive oil. Sauté bell peppers and onion until softened and slightly charred, about 5–6 minutes.
Return the steak to the skillet, add remaining fajita seasoning and chili powder, and toss everything together.
Pour the queso dip over the steak and veggies, stirring until everything is creamy and coated.
Sprinkle shredded cheese on top and let it melt for 1–2 minutes.
Serve hot, garnished with fresh cilantro, alongside warm tortillas.
Prep Time: 10 minutes | Cook Time: 15 minutes | Total Time: 25 minutes
Kcal: Approx. 380 per serving | Servings: 4