The proposal happened on last night's episode of the show, when Chad got down on one knee and gave his main squeeze a gorgeous engagement ring. According to DigitalSpy.com, Waltrip was planning his move for a while. "I decided about a month ago that I wanted to propose to Stephanie," he told the news outlet. "She is the one for me and I think I'm ready to make that commitment."

Stephanie's new engagement ring appears to feature a round solitaire diamond that's placed in a gorgeous gold setting. And, it looks as though it holds sentimental value as well. "My mother passed away in my first year at college. My stepdad gave me her ring and I've basically been carrying it with me in each country," Waltrip told the news outlet.

Chad and Stephanie aren't the first couple from the reality show to proclaim their undying love for one another. Cheyne Whitney and Meghan Rickey, who won the 15th season of the reality series, got engaged earlier this year.