01 - Preheat oven to 425°F. Line a large baking sheet with parchment paper or foil to facilitate cleaning.
02 - Whisk together chili powder, smoked paprika, ground cumin, garlic powder, onion powder, dried oregano, salt, black pepper, and red pepper flakes in a small bowl.
03 - In a large bowl, toss the sliced steak, bell peppers, and red onion with olive oil, lime juice, and the prepared seasoning until thoroughly coated.
04 - Evenly spread the seasoned steak and vegetables in a single layer on the prepared baking sheet.
05 - Cook in the oven for 18 to 20 minutes, stirring halfway through, until the steak reaches desired doneness and the vegetables are tender with slight charring.
06 - Remove from oven and allow the mixture to rest for 2 minutes.
07 - Serve hot with warmed tortillas, garnished with chopped cilantro, sour cream, salsa, and lime wedges as preferred.