Exhibit 99.2

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PORTFOLIO SUMMARY

PROPERTIES OWNED	% LEASED AS OF 6/30/2011			PERCENT OWNED			ACQUISITION DATE		ACQUISITION PRICE*		DISPOSITION DATE		DISPOSITION PRICE		ALLOCATED NET SALE PROCEEDS
Alstom Power		SOLD			48	%		12/10/96	$	8,137,994		3/15/05	$	12,000,000	$	5,647,340
Avaya		SOLD			48	%		6/24/98	$	5,512,472		10/15/10	$	5,300,000	$	2,476,772
Cort		SOLD			33	%		7/31/98	$	6,566,430		9/11/03	$	5,770,000	$	1,818,114
47300 Kato Road		0	%		13	%		7/21/98	$	8,983,110		N/A		N/A		N/A
360 Interlocken Boulevard		SOLD			48	%		3/20/98	$	8,567,344		6/2/11	$	9,150,000	$	4,212,427
Iomega		SOLD			48	%		4/1/98	$	5,934,250		1/31/07	$	4,867,000	$	2,271,890
1315 West Century Drive		SOLD			48	%		2/13/98	$	10,361,070		12/22/06	$	8,325,000	$	3,908,217
WEIGHTED AVERAGE		0	%

*	The Acquisition Price does not include the up-front sales charge or capital expenditures, depreciation/amortization, or impairments incurred over our ownership period, as applicable.


FUND FEATURES

OFFERING DATES		December 1996 – December 1997

PRICE PER UNIT		$10

A/B STRUCTURE		A’s – Cash available for distribution up to 10% Preferred B’s – Net loss until capital account reaches zero + No Operating Distributions

A/B RATIO AT CLOSE OF OFFERING		78% to 22%

AMOUNT RAISED		$27,128,912

Please note that the figures and dates in this fact sheet are subject to change as additional information becomes available related to a variety of factors, such as closing costs, prorations, and other adjustments.

The financial information presented is preliminary and subject to change, pending the filing of the Partnership’s Form 10-Q for the period ended June 30, 2011. We do not make any representations or warranties (expressed or implied) about the accuracy of any such statements to the investors’ realized results at the close of the Fund.

Readers of this fact sheet should be aware that there are various factors and uncertainties that could cause actual results to differ materially from any forward-looking statements made in this material. Past performance is no guarantee of future results.

Portfolio Overview

Wells Fund X is in the positioning-for-sale phase of its life cycle, with only one asset remaining following the disposition of 360 Interlocken Boulevard on June 2, 2011. We are marketing the 47300 Kato Road building for sale in its “as-is” condition, as well as for long-term lease.

Second quarter 2011 operating distributions were reserved (see “Estimated Annualized Yield” table). The General Partners anticipate that operating distributions may remain reserved in the near-term until the 47300 Kato Road property is leased and/or sold.

As a result of the sale of the 360 Interlocken Boulevard property, the General Partners are evaluating the current needs of the portfolio and the possibility and related timing of a potential distribution of net sale proceeds.

The Cumulative Performance Summary, which provides a high-level overview of the Fund’s overall performance to date, is on the reverse.

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Continued on reverse

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Property Summary

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The Alstom Power building was sold on March 15, 2005, following the lease renewal and extension with Alstom Power. Net sale proceeds of $5,647,340 were allocated to the Fund, and $4,066,886 of these proceeds was included in the November 2005 distribution. The remaining proceeds were included in the net sale proceeds distribution in August 2007.

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The Avaya building was sold on October 15, 2010, and $2,476,772 in net sale proceeds was allocated to the Fund. Approximately $725,440 of these proceeds was used to fund the Partnership’s pro-rata share of the 360 Interlocken Boulevard leasing costs and portfolio-level operations, and the remainder is being reserved at this time.

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The Cort building was sold on September 11, 2003, and net sale proceeds of $1,818,114 were allocated to the Fund. Of these proceeds, $1,035,000 was distributed to the limited partners in November 2004. The remaining $783,114 was included in the November 2005 distribution.

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The 47300 Kato Road property is located in Fremont, California, in the Silicon Valley region. TCI International, the sole tenant, vacated the property in May 2010. We continue to actively market space in the building for long-term lease or sale.

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The 360 Interlocken Boulevard property was sold on June 2, 2011, and $4,212,427 in net sale proceeds was allocated to the Fund.

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The Iomega building was sold on January 31, 2007, and net sale proceeds of approximately $2,271,890 were allocated to the Fund. Of these proceeds, approximately $1,611,331 was distributed to the limited partners in August 2007 and $660,559 was used to fund portfolio-level operations and the Partnership’s pro-rata share of the 360 Interlocken Boulevard leasing costs.

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The 1315 West Century Drive building was sold on December 22, 2006. Net sale proceeds allocated to the Fund totaled $3,908,217, which was included in the net sale proceeds distribution to the limited partners in August 2007.

For a more detailed quarterly financial report, please refer to Fund X’s most recent 10-Q filing, which can be found on the Wells website at www.WellsREF.com.

CUMULATIVE PERFORMANCE SUMMARY


	Par Value		Cumulative Operating Cash Flow Distributed⁽¹⁾		Cumulative Passive Losses ⁽¹ ^{& 2}⁾		Cumulative Net Sale Proceeds Distributed⁽¹⁾		Estimated Unit Value as of 12/31/10⁽³⁾
PER “A” UNIT	$	10	$	6.67		N/A	$	3.29	$	2.26
PER “B” UNIT	$	10	$	0.00	$	0.45	$	9.68	$	2.30

⁽¹⁾

These per-unit amounts represent estimates of the amounts attributable to the limited partners who have purchased their units directly from the Partnership in its initial public offering of units and have not made any conversion elections from Class A units to Class B units, or vice versa, under the Partnership agreement.

⁽²⁾	This estimated per-unit amount is calculated as the sum of the annual per-unit cumulative passive loss allocated to a Pure Class B Unit, reduced for Gain on Sale per unit allocated to a Pure Class B Unit.

⁽³⁾	Please refer to the disclosure related to the estimated unit valuations contained in the 1/31/2011 Form 8-K for this partnership.

ESTIMATED ANNUALIZED YIELD*


	Q1			Q2			Q3			Q4			AVG YTD
2011		Reserved			Reserved
2010		Reserved			Reserved			Reserved			Reserved			0.00	%
2009		Reserved			Reserved			Reserved			Reserved			0.00	%
2008		2.25	%		Reserved			Reserved			Reserved			0.56	%
2007		3.50	%		3.50	%		3.50	%		2.25	%		3.19	%
2006		3.00	%		3.00	%		2.75	%		2.75	%		2.88	%
2005		4.50	%		2.50	%		Reserved			3.00	%		2.50	%
2004		6.75	%		4.50	%		Reserved			2.00	%		3.31	%
2003		7.75	%		7.00	%		8.50	%		7.25	%		7.63	%
2002		8.50	%		8.50	%		8.50	%		8.50	%		8.50	%
2001		9.75	%		10.00	%		9.75	%		9.75	%		9.81	%
2000		9.50	%		9.75	%		9.75	%		10.00	%		9.75	%

TAX PASSIVE LOSSES — CLASS “B” PARTNERS


2010			2009			2008			2007			2006			2005
	0.00	%		0.00	%		0.00	%		-25.58	%**		0.01	%		-52.34	%**

*	The calculation is reflective of the $10 offering price, adjusted for NSP paid-to-date to Class “A” unit holders.

**	Negative percentage due to income allocation.

6200 The Corners Parkway • Norcross, GA 30092-3365 • www.WellsREF.com • 800-557-4830


LPMPFSI1107-0450-10		^© 2011 Wells Real Estate Funds

WELLS REAL ESTATE FUND X L P 8-K