The 1935 New Mexico Lobos football team represented the University of New Mexico as a member of the Border Conference during the 1935 college football season.
In their second season under head coach Gwinn Henry, the Lobos compiled a 6–4 record with a mark of 3–2 against conference opponents, finished third in the Border Conference, and outscored all opponents by a total of 145 to 102.
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