The 6-foot-2, 220-pound Baxter, from Edgewater High School in Orlando, Florida, is ranked No. 58 in the 2023 ESPN 300 and the fourth-best running back in the class.
He's the 12th ESPN 300 pledge for Texas. Texas' class sits at No. 3 in ESPN's latest rankings.
He joins four-star recruit Tre Wisner as running backs in the Longhorns' class.
As a junior, Baxter ran 202 times for 1,718 yards and had 30 total touchdowns for Edgewater in 2021.