1969 SMU Mustangs football team

The 1969 SMU Mustangs football team represented Southern Methodist University (SMU) as a member of the Southwest Conference (SWC) during the 1969 NCAA University Division football season. Led by eighth-year head coach Hayden Fry, the Mustangs compiled an overall record of 3–7 with a conference mark of 3–4, placing fifth in the SWC.