The phase stability, mechanical properties, and functional properties of Ti–5.5Al–11.8[Mo]eqalloys are focused on in this study by substituting 3d transition metal elements (V, Cr, Co, and Ni) for Mo as β-stabilizers to achieve similar β phase stability and room temperature (RT) superelasticity. The ternary alloy systems with the equivalent chemical compositions of Ti–5.5Al–17.7V, Ti–5.5Al–9.5Cr, Ti–5.5Al–7.0Co, and Ti–5.5Al–9.5Ni (mass%) alloys were selected as the target materials based on the Mo equivalent formula, which has been applied for the Ti–5.5Al–11.8Mo alloy in the literature. The fundamental mechanical properties and functionalities of the selected alloys were examined. The β phase was stabilized at RT in all alloys except for the Ti–Al–V alloy. Among all alloys, the Ti–Al–Ni alloy exhibited superelasticity in the cyclic loading–unloading tensile tests at RT. As a result, similar to the Ti–5.5Al–11.8Mo mother alloy, by utilizing the Mo equivalent formula to substitute 3d transition metal elements for Mo, a RT superelasticity was successfully imposed.