Below $250 is a tall order to fill, but never fear, I have a suggestion. Contact Schmelke Cues. They'll make you just about anything. The only thing that I think they don't do is ivory ferrules.
May I suggest a few upgrades? Whatever wood you choose, it can be upgraded with a birdseye maple forend for a slight extra charge. Get their melamine ferrule, much nicer IMHO. 60" is no problem. You have to choose the type of pin/joint too, and I can't help you with that. Should be delivered within 2 weeks for about $140-150. Can't beat that

...Tom