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A bit over, but is a good start:

 

$527

 

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i3-4130 3.4GHz Dual-Core Processor  ($114.95 @ SuperBiiz)
Motherboard: ASRock B85M-DGS Micro ATX LGA1150 Motherboard  ($52.99 @ SuperBiiz)
Memory: PNY XLR8 8GB (1 x 8GB) DDR3-1600 Memory  ($52.99 @ Newegg)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive  ($47.97 @ SuperBiiz)
Video Card: MSI Radeon R9 280 3GB TWIN FROZR Video Card  ($169.99 @ Newegg)
Case: Thermaltake Versa H21 ATX Mid Tower Case  ($32.29 @ Directron)
Power Supply: EVGA 500W 80+ Certified ATX Power Supply  ($19.99 @ NCIX US)
Total: $491.17
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-03-16 05:11 EDT-0400

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A bit over, but is a good start:

 

$527

 

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i3-4130 3.4GHz Dual-Core Processor  ($114.95 @ SuperBiiz)

Motherboard: ASRock B85M-DGS Micro ATX LGA1150 Motherboard  ($52.99 @ SuperBiiz)

Memory: PNY XLR8 8GB (1 x 8GB) DDR3-1600 Memory  ($52.99 @ Newegg)

Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive  ($47.97 @ SuperBiiz)

Video Card: MSI Radeon R9 280 3GB TWIN FROZR Video Card  ($169.99 @ Newegg)

Case: Thermaltake Versa H21 ATX Mid Tower Case  ($32.29 @ Directron)

Power Supply: EVGA 500W 80+ Certified ATX Power Supply  ($19.99 @ NCIX US)

Total: $491.17

Prices include shipping, taxes, and discounts when available

Generated by PCPartPicker 2015-03-16 05:11 EDT-0400

Use this mobo to reduce 3$: http://pcpartpicker.com/part/msi-motherboard-h81me34

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