Sear the Steak:
In a large skillet or Dutch oven, heat olive oil over medium-high heat. Add sliced steak and sear for 2–3 minutes per side until browned. Remove and set aside.
Sauté Vegetables:
In the same pan, add diced onion, bell pepper, and garlic. Cook for 3–4 minutes until softened and fragrant.
Add Rice & Spices:
Stir in uncooked rice, cumin, smoked paprika, salt, and pepper. Toast for 1–2 minutes.
Add Broth & Simmer:
Pour in the beef broth and stir. Bring to a boil, then reduce heat to low. Cover and simmer for 15 minutes, or until rice is tender.
Stir in Queso & Cheese:
Once the rice is cooked, stir in the queso and shredded cheese. Mix until melted and creamy.
Return Steak & Finish:
Add the seared steak back into the pan and stir to combine. Let it heat through for 2–3 minutes.
Garnish & Serve:
Top with fresh cilantro and a squeeze of lime if desired. Serve hot!