Record: 43-24-7, .628 W-L% (1st of 10) (Schedule and Results)
SRS: 14.74 (1st of 10) ▪ SOS: 9.89 (2nd of 10)
Conference Champion: Southern Methodist
Ranked in First AP Poll: 2 (Rice and Texas)
Ranked in Final AP Poll: 3 (Rice, Southern Methodist and Texas)
| Overall | Conference | Pts/G | SRS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| School | W | L | T | Pct | W | L | T | Pct | Own | Opp | SRS | SOS | Notes |
| Southern Methodist | 9 | 0 | 2 | .909 | 5 | 0 | 1 | .917 | 16.5 | 8.2 | 19.78 | 10.88 | |
| Texas | 10 | 1 | 0 | .909 | 5 | 1 | 0 | .833 | 26.5 | 6.7 | 28.75 | 11.30 | |
| Rice | 6 | 3 | 1 | .650 | 4 | 2 | 0 | .667 | 20.2 | 7.4 | 20.87 | 11.47 | |
| Texas Christian | 4 | 5 | 2 | .455 | 2 | 3 | 1 | .417 | 10.4 | 9.0 | 11.57 | 10.75 | |
| Arkansas | 6 | 4 | 1 | .591 | 1 | 4 | 1 | .250 | 17.4 | 13.2 | 9.44 | 7.99 | |
| Texas A&M | 3 | 6 | 1 | .350 | 1 | 4 | 1 | .250 | 16.9 | 18.5 | 6.75 | 9.65 | |
| Baylor | 5 | 5 | 0 | .500 | 1 | 5 | 0 | .167 | 12.8 | 13.8 | 6.00 | 7.20 | |
| School | 10/6 | 10/13 | 10/20 | 10/27 | 11/3 | 11/10 | 11/17 | 11/24 | 12/1 | Final |
|---|---|---|---|---|---|---|---|---|---|---|
| Southern Methodist | 12 | 8 | 3 | 4 | 3 | 3 | 4 | 3 | ||
| Texas | 3 | 3 | 3 | 3 | 8 | 7 | 7 | 7 | 6 | 5 |
| Rice | 16 | 15 | 20 | 18 | 17 | 18 | ||||
| Baylor | 17 |
| Date | Bowl | Winner/Tie | Pts | Loser/Tie | Pts | Notes |
|---|---|---|---|---|---|---|
| 1948-01-01 | Cotton Bowl | Penn State | 13 | Southern Methodist | 13 | Cotton Bowl (Dallas, TX) |
| 1948-01-01 | Delta Bowl | Mississippi | 13 | Texas Christian | 9 | Delta Bowl (Memphis, TN) |
| 1948-01-01 | Dixie Bowl | Arkansas | 21 | William & Mary | 19 | Dixie Bowl (Birmingham, AL) |
| 1948-01-01 | Sugar Bowl | Texas | 27 | Alabama | 7 | Sugar Bowl (New Orleans, LA) |