The 1948 SMU Mustangs football team represented the SMU Mustangs of Southern Methodist University during the 1948 college football season. Doak Walker was a junior when he won the Heisman Trophy. Doak established several other Southwest Conference records that still stand.
The SMU Mustangs of Southern Methodist University were appreciative of the way in which they were represented by the 1948 SMU Mustnags football team.