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
Not out yet, but the Schiit Bitfrost specs certainly got my attention. Not to mention upgradeability down the road.
Thanks for the quick responses. I am hoping to be able to purchase a DAC with the ability to convert to 192-kHz 24-bit digital-to-analog. The Music Fidelity VDAC maybe an option for me. Thanks again!
The Hegel HD2 is reviewed by goodsound.com.
I am a new owner of the $350 dac and find it a great value.
That Schitt Bitfrost looks like a solid candidate. A few preowned DACs also may fit the bill.