Tebow engaged to former Miss Universe Demi-Leigh Nel-Peters

Tim Tebow is officially off the market.

The quarterback-turned-professional baseball player announced his engagement to Demi-Leigh Nel-Peters, winner of the 2017 Miss Universe pageant, Thursday on Instagram.

People Magazine shared more details about the engagement, which took place at the Tebow family's farm outside Jacksonville.

The couple strolled along the property, and stopped next to a small lake, where Tebow had installed an arbor and a specially made bench that was engraved with the date the couple first met.

For about five minutes, Tebow and Nel-Peters talked about their relationship and its future in hushed tones before Tebow, 31, dropped to one knee. "Demi Leigh Nel-Peters, I love you," he said. "Demi Leigh Nel-Peters, will you marry me?"

As Nel-Peters said yes, Tebow slipped a 7.25-carat solitaire ring on her finger. "This ring is internally flawless," he said. "Just like you."

The couple confirmed their relationship in July.