Budget DAC


Now that I have my vinyl collection and audio gear set up, I am now looking to put together a desktop configuration on a budget. Don't have the $$ to spend on a high priced DAC so I am looking for some suggestions. I would like to spend around $500 for the DAC. It will be paired up with Monitor Audio BX2 speakers,NAD C326 Integrated Amp and Digital Storm desktop.

I have looked at MusicHall, Cambridge Audio, Arcam etc. Also did research on PSAudio, DBLabs, Stello, Rega etc. Would like 24bit/192kHz and a USB option. Thank you for your help/guidance.
pmshow
How about a Grant Fidelity DAC-09 with an upgraded GE 5670 NOS tube? I have this combo now in a secondary system and it is a quite nice sounding addition. New this would be under $250. Since the newer DAC-11 will be coming out soon you will probably find a bunch of DAC-09s hitting the secondary market. You could have a nice sounding DAC for under $200.
Thanks for the response. I am on hold until I see a review of the Schitt Bitfrost. To connect other than USB, what sound cards are you using in your computers? I am in the process of buying another and looked at Asus Xonar essence?
In your price range the Matrix Mini have all the functions you need. There's one at ebay for around $350 bucks.