The 1991–92 Texas Longhorns men's basketball team represented The University of Texas at Austin in intercollegiate basketball competition during the 1991–92 season. The Longhorns were led by fourth-year head coach Tom Penders. The team finished the season with a 23–12 overall record and finished atop the standings in Southwest Conference play with a 11–3 conference record. Texas advanced to the NCAA tournament, falling to Iowa in the opening round.