| Year: | 1929 |
| Team: | SMU Mustangs |
| Sport: | football |
| Conference: | Southwest Conference |
| Short Conf: | SWC |
| Record: | 6–0–4 |
| Conf Record: | 3–0–2 |
| Head Coach: | Ray Morrison |
| Hc Year: | 10th |
| Captain: | Choc Sanders |
| Stadium: | Ownby Stadium |
The 1929 SMU Mustangs football team represented Southern Methodist University (SMU) as a member of the Southwest Conference (SWC) during the 1929 college football season. Led by 10th-year head coach Ray Morrison, the Mustangs compiled an overall record of 6–0–4 with a mark of 3–0–2 in conference play, placing second in the SWC.