In a bowl, combine cream cheese, sour cream, and onion soup mix until well blended.

Spread the cream cheese mixture evenly onto a serving platter.

Brown ground meat in a skillet over medium heat. Drain off any excess grease.

In a small bowl, mix water and taco seasoning mix until combined.

Add the taco seasoning mixture to the browned ground meat and stir to coat evenly. Cook for a minute or two until heated through.

Spoon the seasoned ground meat evenly over the cream cheese layer on the platter.

Sprinkle grated Cheddar cheese, olives, and chopped tomatoes over the ground meat layer.

Garnish with shredded lettuce.

Serve immediately with tortilla chips.