I haven't actually tried it since I'm still a beginner in selfhosting, but I was planning to buy a dedicated hardware for my homeland and my main two choices were the new Raspberry Pi 5 or some mini-PC like the one in this video I don't know if it could be similar to what you are looking for...
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My current server runs on a fan less embedded Celeron board from ASRock, it runs really well... But since I've upgraded my desktop, I'm building a Ryzen server now
Rock 64 or zimaboard are some other alternatives. Iirc they're around the same price range though.
I've recently been looking into ESP32 programming - they're microcontrollers with onboard Bluetooth and WiFi, that are smaller yet more powerful than Arduinos. Randomnerdtutorials gets recommended a lot elsewhere; I believe I saw one tutorial for running a web server on an ESP32.
If you need a full OS and/or more resources, I'm not sure raspberry pi can be beaten (at least, that's how the market was years ago when I was looking)
Not as cheap as the wyse, but probably way more powerful.
Framework sells a case to turn their mainboard into an SFF pc.
https://frame.work/products/cooler-master-mainboard-case-and-mainboard-kit