June 16, 2016 10:45 AM

Make way for another Spy KidAlexa PenaVega is pregnant!

The 27-year-old actress and her husband, Big Time Rush member Carlos PenaVega, are expecting their first child, they confirm.

“We can’t believe we’re having a baby,” the couple tell PEOPLE exclusively. “Truly, our hearts are exploding with the new blessing we get to experience.”

“Breaking news! It’s #ClearblueConfirmed! There is going to be a new cool kid in town … And by cool I mean dorky just like their father,” Carlos, 26, wrote playfully on Instagram next to a photo of the excited couple holding up a positive pregnancy test.

“A little PenaVega is on the way!!!” he adds, with the hashtags, “#ItsHappening,” “#HolyWow” and “#Imgoingtobeadaddy.”

Carlos PenaVega/Instagram

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Alexa also took to Instagram to express the couple’s joy over their announcement, with a photo depicting her husband kissing her cheek, her eyes closed blissfully, and the word “Pregnant” clearly visible on the test window.

“I cannot believe I finally get to say this … WE’RE PREGNANT!!!” she wrote. “It’s #ClearblueConfirmed that a little blessing is joining the PenaVega family!!! We can’t wait!!!”

WATCH: Carlos PenaVega Says He Wants 3 Kids!

This is the first child for the couple, who were engaged in 2013 and married in Mexico in January 2014. They were the first-ever married couple to both compete on Dancing with the Stars simultaneously, during the fall 2015 season.

“If I’ve learned anything it’s that relationships are about compromise,” Alexa told PEOPLE shortly after she and Carlos became engaged.

Jen Juneau

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