^ – NAIA Division I playoff participant * – did not complete for conference title
Rankings from NAIA Division I poll
The 1972 Southwest Texas State Bobcats football team was an American football team that represented Southwest Texas State University (now known as Texas State University) during the 1972 NAIA football season as a member of the Lone Star Conference (LSC). In their eighth year under head coach Bill Miller, the team compiled an overall record of 7–3, with a mark of 6–2 in conference play.