Walsall wasted two glorious late chances to snatch a win after falling a goal behind at the Racecourse.
Dennis Lawrence headed Wrexham ahead after 16 minutes from Darren Ferguson's free-kick, but Julian Bennett drew the visitors level on 74 minutes.
Simon Osbourne and Neil Emblen then hit the crossbar for Walsall, and Jorge Leitao blazed over from close range.
Wrexham goalkeeper Matt Baker was also in fine form saving earlier efforts from Leitao and Darren Wrack.
Wrexham: Baker, Roberts, Carey (Pejic 6), Lawrence,
Whitley (Bennett 13), Williams, Ferguson, Smith, Holt,
Armstrong (Sam 70), Llewellyn.
Subs Not Used: Jones, Evans.
Goals: Lawrence 16.
Walsall: Murphy, Wright, Bennett, Emblen, Aranalde, Kinsella,
Merson, Osborn, Wrack, Leitao, Fryatt (Birch 63).
Subs Not Used: Paston, Roper, Standing, Broad.
Goals: Bennett 74.
Ref: S Tanner (S Gloucestershire).