I found this in a cookbook my grandmother gave me for Christmas last year. (Texas Favorites: a Collection of Family Recipes vol. II) I had been searching for a good Carne Guisada recipe and oh man is this it. Of course I added a smidge to it, but this pleased everyone that came for dinner that night. I think it is better than most hole in the wall Mexican joints because it is full of flavor where theirs are usually bland. You can add a fresh chopped tomato and jalapeños if desired.
Tex-Mex style beef stew. Great all by itself, with rice, tortillas and sliced avocados. Perfect over the top of cheese enchiladas. Use leftovers over nachos. You can added Jalapenos or other chilis if you want more kick, but the rotell tomatoes add a little kick already. Serve with some sour cream to cut the heat.
Carne Guisada is a mexican stew meat... it is one of my favorites when cooked properly. You can eat this in a tortilla or on a plate with rice and beans. Its great with cheese and avacado slices as condiments.
A Mexican inspired take on beef stew, that includes chili, peppers, tomatoes, cumin and garlic. It calls for the meat cubes to be browned in lard, but olive oil or canola oil could be used for a lower-fat version.