| Year: | 1969 |
| Team: | SMU Mustangs |
| Sport: | football |
| Conference: | Southwest Conference |
| Short Conf: | SWC |
| Record: | 3–7 |
| Conf Record: | 3–4 |
| Head Coach: | Hayden Fry |
| Hc Year: | 8th |
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.