I recently bought a Taylor Gs mini mahogany for $420 new. Then I paid $80 to have it professionally setup. It plays extremely nicely. The small size means less bass and volume, but that’s not a concern for me.
You could also look at Taylor 114ce, or if you wanna go even cheaper, academy series.
Make sure you buy from Sweetwater and ask for a discount. They will give you around 20% off no problem.