You might have some luck with the Benchmark DAC3 (Sabre DAC chip) or Denafrips Ares II (R-2R design). They are both more recent than the BDA-2, meet your requirements, and should come in under budget. There are definitely more options out there, but these both get good reviews and have a decent following.
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- Dan
Headphone rig: Gustard X16, Topping A90, Hifiman HE6se, Audeze LCD2
2-Channel setup: Okto Research DAC8 Stereo, Bryston 4Bł, Philharmonic Audio BMR Towers, Dual PSA S152 subs
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