1987 Stephen F. Austin Lumberjacks football team

The 1987 Stephen F. Austin Lumberjacks football team was an American football team that represented Stephen F. Austin State University as a member of the Southland Conference during the 1987 NCAA Division I-AA football season. In their sixth year under head coach Jim Hess, the team compiled an overall record of 3–7–1, with a mark of 1–5 in conference play, and finished tied for sixth in the Southland.