Soil moisture is one of the main factors influencing evapotranspiration (ET) under soil water stress conditions. The TSEBSM model used soil moisture to constrain soil evaporation. However, the transpiration schemes constrained by soil moisture require greater physical realism and the soil evaporation schemes parameters usually need calibration. In this study, the TSEBSM model was enhanced by incorporating Jarvis’s canopy resistance which considered the influence of soil moisture on transpiration schemes. We assessed the new model (TSEBSM+) in the Heihe and Haihe basins of China. The TSEBSM+ model displayed a consistency to the TSEB in the ET estimation at the A’rou site, but approximately 30% and 35% reductions in RMSEs at the Huazhaizi and Huailai sites. It produced approximately 20% and 10% of the reductions in the ET RMSEs at the Huailai and A’rou sites compared to the TSEBSM model, but had a similar performance at the Huazhaizi site. Moreover, the TSEBSM+ model estimated ET in the Heihe River Basin with an RMSE of 0.58 mm·day−1, and it was sensitive to the soil moisture, particularly when the soil moisture was below 30%. In conjunction to soil moisture, the TSEBSM+ model could potentially be a more effective tool for monitoring the ET.