Sr2FexMo2−xO6 (x = 0.8, 0.9, 1.0, 1.1, 1.2, 1.3, 1.4 and 1.5 wt.%) (SFMO) double perovskite oxides of different compositions have been prepared by sol–gel method. These materials were subjected to X-ray diffraction and found that crystal structure changes from tetragonal to cubic around x = 1.2 wt.%. Lattice parameters and unit cell volume have been calculated using X-ray diffraction data. Magnetization studies have been carried out using Vibrating Sample Magnetometer ranging from −15 kOe to +15 kOe and saturation magnetization (Ms) has been determined. Electrical resistivity and magnetoresistance studies have been carried out in the magnetic field range of −40 kOe to +40 kOe keeping the temperature constant at 5, 150 and 300 K using standard four-probe method. Resistivity studies have also been carried out in the temperature ranging from 5 to 300 K keeping the magnetic field constant at 0, 10, 20 and 40 kOe. Maximum degree of Fe/Mo ordering (ηmax) of SFMO has been calculated and compared with magnetic and transport properties. It has been found that there is a strong correlation between 3 parameters ηmax, Ms and MR (%), i.e. all of them show a maximum at x = 1.0 wt.% and decreases as x deviates from 1.0 in SFMO. It has been also found that there is a different resistivity behavior between x ≤ 1.2 wt.% and x > 1.2 wt.% samples of SFMO. Semiconductor metal transition temperature was found to be maximum at x = 1.0 wt.%.