Em 1982, ele foi um dos primeiro músicos inclusos no Austin Music Hall of Fame. Também foi incluso no Blues Hall of Fame, em 2000. Ao todo, Vaughan ganhou 6 Grammy Awards,[1] 10 Austin Music Awards,[2] e 5 W. C. Handy Awards."
1989: Performance (The International Talent Weekly) Reader's Poll, Winner - Concert Package of the Year, Stevie Ray Vaughan and Double Trouble, "Jeff Beck"
1989: Performance (The International Talent Weekly) Reader's Poll, Winner - Blues Act of the Year, Stevie Ray Vaughan and Double Trouble
1989: Pollstar Concert Industry Award, Most Creative Tour Package, "Voted by your peers in the concert industry", Stevie Ray Vaughan and Double Trouble, "Jeff Beck"
1989: Billboard Album Rock Tracks, Stevie Ray Vaughan and Double Trouble, "Crossfire"
1989: Billboard Album Rock Tracks, Stevie Ray Vaughan and Double Trouble, "Crossfire
1989: Album Network’s Power Cuts Consensus, Stevie Ray Vaughan and Double Trouble, "Crossfire"
1981: Buddy Holly Award - Double Trouble, Critic’s Choice – Best Blues