The research work reported in this paper involves investigation of the mechanical and durability performance of unstressed and stressed Tokyo Rope carbon-fiber composite cables for prestressing applications. This research is critical in order to establish the critical (allowable) stress and safety factors for the use of carbon-fiber composite cable tendons for prestressed precast-concrete members. The carbon-fiber composite cable specimens were exposed to simultaneous high alkali environment and sustained loading at different elevated exposure temperatures (22℃ and 60℃) for 3000, 5000, and 7000 h. The high alkali environment (12.8 pH) simulated the concrete pore solution and the elevated temperature was used to accelerate the aging process. The applied sustained stress on the carbon-fiber composite cable strands was equivalent to 40% and 65% of their guaranteed tensile strength. This was achieved through testing 171 carbon-fiber composite cable specimens subjected to stress levels of 0%, 40%, and 65% of their guaranteed strength, under tensile load. Also, 136 carbon-fiber composite cable specimens were tested to investigate the transverse shear strength. In addition, the durability characteristics of the constituent materials of the carbon-fiber composite cable strands were assessed to understand the long-term behavior of these materials. The results showed the effect of sustained stress on the degradation of carbon-fiber composite cable strands. Under sustained stress of 40% and 65%, the reductions in tensile strength were 10.6% and 12.3%, respectively. Scanning electron microscope results on epoxy resin indicated that no degradation is detected since the surface remains smooth without any pitting or loose material.