You will need at least the following parts to build a basic Linux server.
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•Case - To hold all the other parts.
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•Logic (Mother) Board - The interface between all the components.
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•Fan - To keep things cool (in some cases, the fan is already provided).
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•CD/DVD Drive - So you can install software.
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•Hard Drive - To install your operating system onto.
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•RAM - The local memory that the system uses when it is powered on.
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•CPU (Microprocessor) - The heart of the systems that does all the thinking.
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•Network Card (Optional) - To connect to your network. Most Logic (Mother) boards have a built-in network connector.
I picked up these parts at my local Fry’s Electronics store for under $500.