In large skillet set over medium-high heat, add oil. Add ground beef and taco seasoning; cook, stirring occasionally, for 5 to 8 minutes or until crumbled and starting to brown. Stir in 1/4 cup water; bring to a boil. Cook, stirring occasionally, for 3 to 5 minutes or until beef is cooked through and most of the liquid has been evaporated.

To large serving bowl, add lettuce, tomatoes, avocado, yellow pepper, salsa and dressing. Toss to combine. Toss in beef, FRITOS^® Original Corn Chips and cheese until well combined. Garnish with cilantro. Serve immediately.