No, the Radeon 9500 is DX9 compatible.
Personally, I would reccomend a GF4 Ti4200. Even though you might spend $10-$15 over your limit, it'll be worth it in the long run.
Back to DX9 though, don't be concerned about that. By the time all the new games hit the market and support only DX9 compatible cards, the FX5200 is only going to suck even more. It's not that great of a card to begin with and represents Nvidia's attempt to cater to the lower end of the market where most of the sales are.