According to the Football411.com website, the Glamour Boys needed a late strike from Erick Mathoho to snatch a point as Mario Booysen had put the Team of Choice ahead shortly after the interval.
Baxter felt a draw was justified after Amakhosi delivered a much improved performance in the second-half.
"We knew it was not going to be an easy game. I thought we started well but our passing game let us down on several occasions in the first-half," he said after the match.
"We gave away a lot of possession and I was not very pleased with that. I am sure the fans enjoyed the game as both teams had a go at each other. I do think a draw was a fair result at the end of the day.
"I think Tower (Eric Mathoho) did very well for us playing almost as a right back. I was also happy to see him scoring his first goal for the team. It was an important goal that brought us back in the game."
Meanwhile, Baxter insisted that he is only focused on the performances of his own team, rather than looking elsewhere for teams to help Chiefs win the PSL title.
"We are not looking to see how other teams are performing. It is a case of here and now for us," he added. "We are very much preoccupied by our performance and I expect the lads to lift their game on Saturday when we face Golden Arrows."
With six games remaining in the season, Chiefs remain seven points clear at the top of the table with 51 points.