The 1939 All-Southwest Conference football team consists of American football players chosen by various organizations for All-Southwest Conference teams for the 1939 college football season. The selectors for the 1939 season included the Associated Press (AP) and United Press (UP).

All Southwest selections

Backs

• Kay Eakin, Arkansas (AP-1; UP-1 [QB])
• Olie Cordill, Rice (AP-1; UP-1 [HB])
• Jack Crain, Texas (AP-1; UP-1 [HB])
• John Kimbrough, Texas A&M (AP-1; UP-1 [FB])
• Jim Thomason, Texas A&M (AP-1; UP-2 [HB])
• Pres Johnston, SMU (AP-2; UP-2 [QB])
• Jack Wilson, Baylor (AP-2; UP-2 [FB])
• James Witt, Baylor (UP-2 [HB])
• William Mullenweg, SMU (AP-2)
• Bill Conatser, Texas A&M (AP-2)

Ends

• Herbert Smith, Texas A&M (AP-1; UP-1)
• Red Hickey, Arkansas (AP-2; UP-1)
• Don Looney, TCU (AP-1; UP-2)
• Durwood Horner, TCU (AP-2; UP-2)

Tackles

• Jack Sanders, SMU (AP-1; UP-1)
• Joe Boyd, Texas A&M (AP-1; UP-1)
• Park Myers, Texas (AP-2; UP-2)
• Ernie Pannell, Texas A&M (AP-2; UP-2)

Guards

• Marshall Robnett, Texas A&M (AP-1; UP-1)
• Len Akin, Baylor (AP-1; UP-1)
• Milt Simington, Arkansas (AP-2; UP-2)
• Charles Henke, Texas A&M (UP-2)
• Wilfred Thorpe, Arkansas (AP-2)

Centers

• Bob Nelson, Baylor (AP-1; UP-1)
• Ken Whitlow, Rice (UP-2)
• Wilburn Echols, SMU (AP-2)

Key

AP = Associated Press^[1] UP = United Press^[2]

Bold = Consensus first-team selection of both the AP and UP