Yamaha has a few guitars that are in that price range. Their "low end" or budget acoustics are actually very nice. Check out the FG700. It's $199.99 and was the first guitar I ever owned. It's got a solid Sitka spruce top and sounded just great.


http://www.musiciansfriend.com/product/Yamaha-FG700-Solid-Top-Acoustic-Guitar?sku=512942&src=00633