The 1967 All-Southwest Conference football team is composed of select American football players who were chosen by a variety of organizations to form the All-Southwest Conference teams for the 1967 NCAA University Division football season. Among the selectors for the 1967 season was the Associated Press (AP).

All Southwest selections

Offense

Quarterbacks

• Edd Hargett, Texas A&M (AP-1)

Halfbacks

• Chris Gilbert, Texas (AP-1) (CFHOF)
• Mike Leinert, Texas Tech (AP-1)
• Larry Stegent, Texas A&M (AP-1)

Fullbacks

• Ross Montgomery, TCU (AP-1)

Ends

• Jerry LeVias, SMU (AP-1) (CFHOF)
• Bob Long, Texas A&M (AP-1)

Tackles

• Ernie Ruple, Arkansas (AP-1)
• Leland Winston, Rice (AP-1)

Guards

• Danny Abbott, Texas (AP-1)
• Phil Tucker, Texas Tech (AP-1)

Centers

• Jerry Turner, Texas Tech (AP-1)

Defense

Defensive ends

• Grady Allen, Texas A&M (AP-1)
• Jay Collins, Rice (AP-1)
• Hartford Hamilton, Arkansas (AP-1)

Defensive tackles

• Greg Pipes, Baylor (AP-1)
• Danny Cross, TCU (AP-1)

Defensive guards

• David Cooper, Arkansas (AP-1)
• Loyd Wainscott, Texas (AP-1)

Linebackers

• Bill Hobbs, Texas A&M (AP-1)
• Ed Mooney, Texas Tech (AP-1)

Defensive halfbacks

• Tommy Trantham, Arkansas (AP-1)
• Hugo Hollas, Rice (AP-1)

Safeties

• Bubby Hudler, TCU (AP-1)