The 1937 All-Southwest Conference football team consists of American football players chosen by various organizations for All-Southwest Conference teams for the 1937 college football season. The selectors for the 1937 season included the Associated Press (AP).

All Southwest selections

Backs

• Billy Patterson, Baylor (AP-1 [QB])
• Dick Todd, Texas A&M (AP-1 [HB])
• Davey O'Brien, Texas Christian (AP-1 [HB]) (College Football Hall of Fame)
• Hugh Wolfe, Texas (AP-1 [FB])

Ends

• James Benton, Arkansas (AP-1)
• Sam Boyd, Baylor (AP-1)

Tackles

• I. B. Hale, Texas Christian (AP-1)
• Charles Sprague, Southern Methodist (AP-1)

Guards

• Joe Routt, Texas A&M (AP-1) (College Football Hall of Fame)
• Virgil Jones, Texas A&M (AP-1)

Centers

• Ki Aldrich, Texas Christian (AP-1)

Key

AP = Associated Press^[1]