Shape memory alloys (SMAs), since the discovery of their shape memory effect, have been intensively investigated as actuators for the past several decades. Due to their high actuation energy density compared to other active materials, their current and potential applications in the biomedical, aerospace, automobile and energy fields are expanding rapidly. Prior to be used as actuators, SMAs are usually subjected to a training process (i.e. thermal cycling under isobaric conditions) to stabilize their behavior. During the training process, permanent changes are introduced in the microstructure of the material which results in the generation of internal stresses and a large amount of irrecoverable Transformation Induced Plastic strain (TRIP). The generated internal stresses along with a potential thermal loading provide the driving force to induce the oriented phase transformation so that the SMA-based actuators are able to exhibit the Two-Way Shape Memory Effect (TWSME) without applying external bias load. To predict this intrinsic phenomenon, a three-dimensional phenomenological constitutive model for untrained SMAs is presented. The proposed model utilizes the martensitic volume fraction, transformation strain, TRIP strain, and internal stress as internal state variables so that it is able to account for the evolution of TRIP strain and the TWSME for untrained SMAs under cyclic thermomechanical loading conditions. In the end, boundary value problems considering an untrained SMA material under isothermal/isobaric cyclic loading are solved and the predicted cyclic response is compared against available experimental data to demonstrate the proposed capabilities. The proposed model is anticipated to be further validated against additional experimental data for NiTiHf SMAs under general 3-D loading conditions. The validated model will be utilized as an efficient tool for the design and analysis of SMA-based actuators, such as SMA beams and torque tubes, which are intended for the realization of the future supersonic transport aircraft with morphing capabilities to reduce the sonic boom noise.