In a large skillet over medium heat, add the ground beef. Cook until browned, breaking it apart with a spatula as it cooks. Once the beef is no longer pink, drain any excess fat.
Sprinkle the taco seasoning over the cooked beef and pour in the 1/4 cup of water. Stir well to combine and let it simmer for about 5 minutes, allowing the flavors to meld.
Preheat your oven to 350°F (175°C). On a baking sheet, spread out a generous layer of tortilla chips. Spoon the seasoned beef evenly over the chips.
Sprinkle the freshly grated cheddar and Monterey Jack cheeses generously over the beef and chips. The more cheese, the better!
Place the baking sheet in the preheated oven and bake for about 10-15 minutes, or until the cheese is bubbly and slightly golden.
Once out of the oven, top the nachos with sliced jalapeños, black olives, and halved cherry tomatoes. Drizzle with sour cream and guacamole, then sprinkle with fresh cilantro. Serve immediately and enjoy the cheesy, crunchy goodness!
