Heat a skillet over medium heat and cook the ground beef until browned.
Season beef with chili powder, cumin, paprika, garlic powder, salt, and pepper.
Add water and simmer for 2 to 3 minutes, then set aside.
Preheat oven to 400°F (200°C).
Spread tortilla chips evenly on a large oven-safe plate or tray.
Distribute cooked beef, black beans, corn, and shredded cheese evenly over chips.
Bake for 8 to 10 minutes until cheese is melted and bubbly.
Remove from oven and top with diced tomatoes, jalapeños, and red onions.
Drizzle sour cream and guacamole on top.
Sprinkle chopped cilantro to finish and serve immediately.