Cheap $500 gaming build

Hello and thanks in advance for your help. Im currently looking to build a cheap gaming desktop which I'd like to run me around $500. In the future I would upgrade it a bit, but for now I just want something that can run most games at good settings.

Do you have anything already in your possession you plan on grandfathering into your system?

Do you have anything already in your possession you plan on grandfathering into your system?

Basinboy

No I do not.

I feel slow today, so I won't give you a full build. Probably looking at a Phenom II x3, 6770, 4GB 1333, 500GB HDD etc. type machine.