The Saddlers will be ball number 12 in Saturday's Papa John’s Trophy draw and will visit one of Exeter City, Swindon Town, Leyton Orient or Cambridge United in the Round of 32 stage.
Matt Taylor's side progressed through the group stage having picked up five points from their three games and will learn of their opponents in Saturday's draw which takes place live on Sky Sports at 2pm following the televised League Two fixture between Port Vale and Bradford City.
Ties will be played week commencing 29th November with further information to follow in due course.