Check out this cool tool for Houdini.
In case you missed it, a toolset for Houdini called SideFX Labs has got a fantastic tool that allows you to render and composite flipbook textures. The tool is fittingly called Flipbook Textures ROP and its capabilities were demonstrated by the SideFX Labs team via their ArtStation account. The main feature of Flipbook Textures is its ability to render multiple passes at once, allowing for fully dynamic real-time relighting, so you do not have to bake lighting scenarios into the colors.
The tool comes with real-time shaders designed to work with the exported textures. Built around Houdini 19's high-quality viewport pyro rendering, Flipbook Textures ROP can help you create beautiful volumetric effects, but it is also capable of rendering particles or polygonal geometries together with volumes or separately on their own.