This would be awesome at 720p and pretty good at 1080p
PCPartPicker part list:
http://pcpartpicker.com/p/xNhjsY
Price breakdown by merchant: http://pcpartpicker.com/p/xNhjsY/by_merchant/
CPU: Intel Core i3-4150 3.5GHz Dual-Core Processor ($105.99 @ NCIX US)
Motherboard: ASRock H97M Anniversary Micro ATX LGA1150 Motherboard ($66.99 @ SuperBiiz)
Memory: A-Data XPG V1.0 8GB (2 x 4GB) DDR3-1600 Memory ($59.99 @ Newegg)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($49.99 @ Newegg)
Video Card: Gigabyte Radeon R9 270X 2GB WINDFORCE Video Card ($137.99 @ Newegg)
Case: NZXT Source 210 (White) ATX Mid Tower Case ($33.99 @ SuperBiiz)
Power Supply: XFX 550W 80+ Bronze Certified ATX Power Supply ($37.99 @ Newegg)
Operating System: Microsoft Windows 8.1 - 64-bit (OEM) (64-bit) ($89.98 @ OutletPC)
Total: $582.91
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-12-23 02:26 EST-0500