The 2014–15 Baylor Lady Bears basketball team represented Baylor University in the 2014–15 NCAA Division I women's basketball season.

Returning as head coach is Hall of Famer Kim Mulkey for her 14th season.

The team played its home games at the Ferrell Center in Waco, Texas and were members of the Big 12 Conference.

They finished the season 33–4, 16–2 in Big 12 to win the Big 12 regular season title.

They also won the Big 12 women's tournament to earn an automatic trip to the NCAA women's tournament, where they defeated Northwestern State in the first round, Arkansas in the second round and Iowa in the sweet sixteen before losing to Notre Dame in the elite eight.