1987 Southwest Conference women's basketball tournament

The 1987 Southwest Conference women's basketball tournament was held March 4–7, 1987, at Moody Coliseum in Dallas, Texas.

Number 1 seed Texas defeated 2 seed Arkansas 72–70 to win their fifth championship and receive the conference's automatic bid to the 1987 NCAA tournament.

Format and seeding
The tournament consisted of a 6 team single-elimination tournament. The top two seeds had a bye to the Semifinals.