The 1982 All-Southwest Conference football team consists of American football players chosen by various organizations for All-Southwest Conference teams for the 1982 NCAA Division I-A football season. The selectors for the 1982 season included the Associated Press (AP).

• Lance McIlhenny, SMU (AP-1)
• Robert Brewer, Texas (AP-2)

• Eric Dickerson, SMU (AP-1)
• Craig James, SMU (AP-1)
• Gary Anderson, Arkansas (AP-2)
• Darryl Clark, Texas (AP-2)

• Deron Miller, Rice (AP-1)
• Rickey Bolden, SMU (AP-2)

• Gerald McNeil, Baylor (AP-1)
• Herkie Walls, Texas (AP-1)
• David Roberson, Houston (AP-2)
• Stanley Washington, TCU (AP-2)

• Jay Bequette, Arkansas (AP-1)
• Randy Grimes, Baylor (AP-2)

• Joe Beard, SMU (AP-1)
• Steve Korte, Arkansas (AP-1)
• Mark Kirchner, Baylor (AP-2)
• Doug Dawson, Texas (AP-2)

• Alfred Mohammed, Arkansas (AP-1)
• Bryan Millard, Texas (AP-1)
• Maceo Fifer, Baylor (AP-2)
• Doug Dawson, Texas (AP-2)

• Gabriel Rivera, Texas Tech (AP-1)
• Billy Ray Smith Jr., Arkansas (AP-1)
• Charles Benson, Baylor (AP-1)
• Kiki DeAyala, Texas (AP-1)
• Richard Richardson, Arkansas (AP-1)
• Kevin Chaney, SMU (AP-2)
• Earl Buckingham, Arkansas (AP-2)
• Russell Washington, SMU (AP-2)
• Clenzie Pierson, Rice (AP-2)
• Pat Coryat, Baylor (AP-2)

• Gary Moten, SMU (AP-1)
• Weedy Harris, Houston (AP-1)
• Darrell Patterson, TCU (AP-2)
• Bert Zinamon, Arkansas (AP-2)
• Stan Williams, Texas Tech (AP-2)
• Bobby Strogen, Texas A&M (AP-2)

• Danny Walters, Arkansas (AP-1)
• Russell Carter, SMU (AP-1)
• Blane Smith, SMU (AP-1)
• Wes Hopkins, SMU (AP-1)
• Vic Vines, Baylor (AP-2)
• Calvin Eason, Houston (AP-2)
• Mossy Cade, Texas (AP-2)
• Domingo Bryant, Texas A&M (AP-2)

• Ricky Gann, Texas Tech (AP-1)
• David Hardy, Texas A&M (AP-2)

• Craig James, SMU (AP-1)
• Ron Stowe, Baylor (AP-2)

• Offensive Player of the Year: Eric Dickerson, SMU (AP)
• Defensive Player of the Year: Gabriel Rivera, Texas Tech (AP)
• Coach of the Year: Bobby Collins, SMU (AP)

AP = Associated Press^[1]