Microstructures and mechanical properties including elastic modulus were investigated in terms of ternary alloying elements Si addition, Nb content variations and tensile test. Martensite structure with α'(hcp) or α"(orthorhombic) was observed in Ti-xNb-1.5at.%Si, where x=10-20at.%. The crystal structure of martensite formed from water quenching process was largely dependent upon Nb content but does not on Si content. On the basis of experimental results obtained, it is suggested that Si has an effective role to suppress the precipitation of ω phase leading to reduction in elastic modulus in the metastable β phase region. Metastable β phase region was superior to reduce the elastic modulus than stable β phase region in the present alloy system. The minimum value of elastic modulus was measured to 48GPa. We have found that stress-induced martensitic transformation takes place during the deformation in the present alloys. Within the alloys having β(bcc) phase studied Nb-poor region appeared to exhibit a dominant behavior for stress-induced martensitic transformation than Nb-rich region. This result suggests that metastable β phase is superior to stable β phase for the occurrence of stress-induced martensitic transformation in the present alloy system.