Dense and enhanced mechanical properties (Zr, Ti)(C, N)-based composites were fabricated using ZrC, TiC0.5N0.5, and Si powders as the raw powders by reactive hot-pressing at 1500–1700 °C. At the low sintering temperature, both (Zr, Ti)(C, N) and (Ti, Zr)(C, N) solid solutions were formed in the composites by adjusting the ratio of ZrC to TiC0.5N0.5. During the sintering process, the Si added at a rate of 5 mol% reacted with ZrC and TiC0.5N0.5 to generate SiC. With the increase in Si addition, it was found that the residual β-ZrSi was formed, which greatly reduced the flexural strength of composites but improved their toughness. The reaction and solid-solution-driven inter-diffusion processes enhanced mass transfer and promote densification. The solid solution strengthening and grain refinement improved the mechanical properties. The ZrC–47.5 mol% TiC0.5N0.5–5 mol% Si (raw powder) composite possessed excellent comprehensive performance. Its flexural strength, Vickers hardness, and fracture toughness were 508 ± 33 MPa, 24.5 ± 0.7 GPa, and 3.8 ± 0.1 MPa·m1/2, respectively. These reached or exceeded the performance of most (Zr, Ti)(C, N) ceramics reported in previous studies. The lattice distortion, abundant grain boundaries, and fine-grained microstructure may make it possible for the material to be resistant to radiation.