At My Window

By the mid-1980s royalties were coming in from If I Needed You and Pancho and Lefty, and he had what was for him a stable home life with his third wife Jeanene and their new son Will. He returned to the studio nine years after Flyin' Shoes. Clement and Rooney produced at Clement's Cowboy Arms, with Mark O'Connor on fiddle and mandolin and Mickey Raphael on harmonica. Buckskin Stallion Blues and the title song were first recorded for the unreleased 7 Come 11, and Gone, Gone Blues was co-written with his guitarist Mickey White.

Some copies carried a sticker quoting Steve Earle's line about the coffee table of Bob Dylan, and Townes replied that he had met Dylan's bodyguards and did not think Steve could get near it. Robert Palmer wrote in The New York Times that nobody writes about love affairs gone wrong with as much tenderness and insight. Jimmie Dale Gilmore and Mudhoney named a 1994 EP after Buckskin Stallion Blues.