Step 1: Bake the Cake
Preheat oven to 350°F (175°C). Grease a 9x13-inch baking dish.
Prepare the Butter Pecan cake mix according to the package instructions, adding vanilla extract for extra flavor.
Pour the batter into the prepared baking dish and bake according to the box instructions (about 25–30 minutes), or until a toothpick inserted in the center comes out clean.
Let the cake cool for 10 minutes.
Step 2: Poke the Cake & Make the Praline Sauce
Using the handle of a wooden spoon or a skewer, poke holes all over the cake, making sure they go almost to the bottom.
In a small saucepan, combine sweetened condensed milk, melted butter, brown sugar, and vanilla extract over medium heat. Stir until the sugar dissolves and the sauce is smooth.
Slowly pour the warm praline sauce over the cake, ensuring it seeps into the holes.
Step 3: Add the Toppings
Sprinkle toasted pecans evenly over the cake.
Drizzle caramel sauce on top.
Let the cake cool completely, then refrigerate for at least 1 hour (this helps the flavors meld together).
Step 4: Serve & Enjoy!
Serve chilled or at room temperature.
Top with whipped cream or Cool Whip for an extra creamy finish.
Drizzle more caramel sauce before serving for a gooey touch.