I know there's a lot of jargon in the archery world, so by binary I mean this setup (not hybrid).
By target bow I mean something with an axle-to-axle of 37"+ and a 6-7" brace height.

Bowtechs Fanatic SL and SD are $1500. Very nice bows but I dont want to spend that much. The next one I found is the diamond archery Medalist 38. Thats a decently priced bow ($650 on amazon) with damn near exactly what I want, but I'm wondering if there's something like that in $300-400ish range?

.....or is $650-700 the price range Im stuck in for the features I want?

@Boom_Stick

I realize this is a month old, and it wasn’t evident what draw length/poundage you’re looking for.  I may soon be selling a fanatic 2.0 SD 50#.  PM if interested.