Walmart offers the Vizio 32" 1080p LED-Backlit LCD Smart Television, model no. D32x-D1, for $198 with free shipping. That's the lowest total price we could find by $16, outside of the mention below. It features a native resolution of 1920x1080 (1080p), WiFi content streaming (Netflix, YouTube, Pandora, more), and two HDMI ports.
A close price: Office Depot & OfficeMax has it for $199.99 with free shipping.