Preheat the oven to 375°F. Lightly spray a 9x13-inch baking dish with cooking spray.
In a large skillet over medium heat, cook and crumble 1 pound ground beef until browned and fully cooked. Drain any excess grease and place back in the skillet.
Add 1 ounce packet taco seasoning and 2/3 cup water to the skillet with the beef. Stir to combine and cook for 2-3 minutes, or until the mixture thickens slightly. Stir in 16 ounce can refried beans until fully combined and heated through. Remove from heat and set aside.
Pour a thin layer of red enchilada sauce into the bottom of the prepared baking dish, spreading it evenly.
Lay a flour tortilla flat on a large plate and spoon about 1/3 cup of the beef mixture down the center. Sprinkle with a small handful of shredded cheddar and Monterey Jack cheese. Roll the tortilla tightly and place it seam-side down in the baking dish. Repeat with the remaining tortillas and beef mixture, arranging them in a single layer.
Pour the remaining enchilada sauce evenly over the rolled tortillas, spreading it to cover them completely. Sprinkle the top with the remaining shredded cheddar and Monterey Jack cheese.
Bake in the preheated oven for 20-25 minutes, or until the cheese is melted and bubbly.
Remove from the oven and let cool for 5 minutes. Garnish with sliced black olives, chopped cilantro, sour cream and sliced green onions. Serve and enjoy!
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Notes
Please refer to my FAQ’s (Frequently Asked Questions) and ingredient list above for other substitutions or for the answers to the most common questions.